SecuritiesTradeConfirmationStatusAdviceV03setr.044.001.03

Definition: Indicates whether the resulting position after a trade should be an opening position or closing position. Used for omnibus accounting - where accounts are held on a gross basis instead of being netted together.

Type: PositionEffect2Code (String)

Allowed Values:

• OPEN (Open Position): Position after the trade the position should be open.
• CLOS (Close Position): Position after the trade the position should be closed.
• ROLL (Rolled): Results in a position obtained in a security previously held, sold and repurchased.
• FIFO (Fifo): First in, first out. Results in a position obtained after having sold in priority the securities bought chronologically.
• CLOA (Close Account): Trade relates to a closure of an account.