SWIFT ISO 20022 - Description de message - Securities Trade Confirmation Cancellation (setr.029.001)
Description
Scope
Sent by an executing party to an instructing party directly or through Central Matching Utility (CMU) to cancel the referenced RedemptionOrderConfirmationCancellationInstruction message that was previously sent.
The instructing party is typically the investment manager or an intermediary system/vendor communicating on behalf of the investment manager or of other categories of investors.
The executing party is typically the broker/dealer or an intermediary system/vendor communicating on behalf of the broker/dealer.
It may also be used to cancel the trade confirmation previously sent from an executing party or an instructing party to a custodian or an affirming party directly or through CMU.
The ISO 20022 Business Application Header must be used.
Usage
Initiator: Both in local and central matching, the Initiator may be either the Executing Party or Instructing Party.
Respondent: Instructing party, a custodian or an affirming party optionally responds with RedemptionBulkOrderConfirmationAmendment (accept or reject) message.