SecuritiesSettlementTransactionStatusAdviceV11

Scope
An account servicer sends a SecuritiesSettlementTransactionStatusAdvice to an account owner to advise the status of a securities settlement transaction instruction previously sent by the account owner or the status of a settlement transaction existing in the books of the servicer for the account of the owner. The status may be a processing, pending processing, internal matching, matching and/or settlement status.
The status advice may be sent as a response to the request of the account owner or not.
The account servicer/owner relationship may be:
- a central securities depository or another settlement market infrastructure acting on behalf of their participants
- an agent (sub-custodian) acting on behalf of their global custodian customer, or
- a custodian acting on behalf of an investment management institution or a broker/dealer.

Usage
The message may also be used to:
- re-send a message previously sent,
- provide a third party with a copy of a message for information,
- re-send to a third party a copy of a message for information using the relevant elements in the Business Application Header.

Message Identifier: sese.024.001.11

Elements

Name	Type	Multiplicity	Definition
TransactionIdentification	TransactionIdentifications31	[1..1]	Provides unambiguous transaction identification information.
Linkages	Linkages41	[0..1]	Link to another transaction - provided for information only.
ProcessingStatus	ProcessingStatus80Choice	[0..1]	Provides details on the processing status of the transaction.
InferredMatchingStatus	MatchingStatus24Choice	[0..1]	Provides the matching status of an instruction as per the account servicer based on an allegement. At this time no matching took place on the market (at the CSD/ICSD).
MatchingStatus	MatchingStatus24Choice	[0..1]	Provides the matching status of the instruction.
SettlementStatus	SettlementStatus28Choice	[0..1]	Provides the status of settlement of a transaction.
TransactionDetails	TransactionDetails134	[0..1]	Identifies the details of the transaction.
SupplementaryData	SupplementaryData1		Additional information that cannot be captured in the structured elements and/or any other specific block.

Validation Rules

ProcessingStatusPresenceRule: If InferredMatchingStatus, MatchingStatus and SettlementStatus are absent, then ProcessingStatus must be present.

MatchingStatusPresenceRule: If ProcessingStatus, InferredMatchingStatus and SettlementStatus are absent, then MatchingStatus must be present.

SettlementStatusPresenceRule: If ProcessingStatus, InferredMatchingStatus and MatchingStatus are absent, then SettlementStatus must be present.

InferredMatchingStatusStatusPresenceRule: If ProcessingStatus, MatchingStatus and SettlementStatus are absent, then InferredMatchingStatus must be present.

SettlementStatusAndMatchedRule: If settlement status/reason is present alone, then it means that the transaction is matched (if a matching process exists in the concerned market or at the concerned account servicer).

SecuritiesMarketPracticeGroupGuideline: The Securities Market Practice Group (SMPG) has published market practice recommendations on the use of this message. These market practices are available on www.smpg.info.