This section includes sample messages for the following scenarios: Give-up Submission Give-up Claim/Refusal Average price Sub-allocation Reversal Cross-Exchange Give-Up.
The examples below do not illustrate complete sequences of events. Fields such as the identity of firms and the IDs for allocations or trades may change, depending on the message scenario.
Give-Up Submission Message Samples by Scenarios
This sample represents an executing firm marking a trade for give-up by specifying the claim firm information.
Scenario
Description
XML Sample
Executing firm marking a trade for give-up
This sample represents an executing firm marking a trade for give-up by specifying the claim firm information.
This sample represents a new group creation where the first trade is added to the group. The clearing system sends this message in response to an executing firm marking a trade for give-up.
The clearing system does not respond to the sub-allocation, but if applicable, will respond with a group summary notification and confirm allocations, which is identical to normal allocation scenarios.
Reversal Message Samples
Claiming firm reversal is illustrated below. If the executing firm reverses an allocation, the scenario is almost identical.
Cross-Exchange Give-Up messages are very similar to give-up messages. A few characteristic examples are illustrated below.
Scenario
Description
XML Sample
CME Executing Firm Marks a Trade for Cross-exchange Give-up
This sample represents a CME executing firm marking a trade for cross-exchange give-up by specifying claim firm information that designates an SGX firm. The exchange is designated as “SX”.