SWIFT ISO 20022 - Beschreibung der Nachricht - Investment Fund Order Cancellation Request (setr.065.001)
Beschreibung
Scope
An instructing party, for example, an investment manager, a custodian or its authorised representative, sends the InvestmentFundOrderCancellationRequest to the executing party, for example, the transfer agent or administrator, to request the cancellation of a previously sent investment fund order, such as the SubscriptionOrder, AlternativeFundsSubscriptionOrder, AlternativeFundsRedemptionOrder, etc.
There may be one or more parties between the instructing party and the executing party.
Usage
The InvestmentFundOrderCancellationRequest message is used to request the cancellation of one or more individual orders.
There is no amendment, but a cancel and re-instruct policy.
When the InvestmentFundOrderCancellationRequest message is used to request the cancellation of one or more orders:
- The order reference of each order to be cancelled (as specified in the original order message) is specified.
- Elements of the individual order, as listed in the original order message, may also be specified, but this is not recommended.
- The message identification of the order message in which the individual order was conveyed may also be quoted in PreviousReference, but this is not recommended.
The deadline and acceptance of a cancellation request is subject to a service level agreement (SLA). This cancellation message is a cancellation request. There is no automatic acceptance of the cancellation.
The rejection or acceptance of a InvestmentFundOrderCancellationRequest is made using an OrderCancellationStatusReport message.