Enum Group,Field Value,Description,,When added,Symbolic name,Elaboration
MergerTenderShare,AlternativeObligation,Alternative obligation,,FIX 5.0 SP2 EP208,AlternativeObligation,"Under the specified extraordinary event, if applicable, the trade continues with the underlying now consists of the new shares and/or the other consideration, and the proceeds of any redemption that the holder of the underlying shares would have been entitled to."
MergerTenderShare,CancellationAndPayment,Cancellation and payment,,FIX 5.0 SP2 EP208,CancellationAndPayment,"Under the specified extraordinary event, the trade is cancelled and a cancellation fee will be paid by one party to the other."
MergerTenderShare,OptionsExchange,Options exchange,,FIX 5.0 SP2 EP208,OptionsExchange,"Under the specified extraordinary event, the trade will be adjusted by the Calculation Agent according to adjustments made by any exchange on which options on the underlying are listed."
MergerTenderShare,CalculationAgent,Calculation agent,,FIX 5.0 SP2 EP208,CalculationAgent,"Under the specified extraordinary event, the Calculation Agent will determine what adjustment is required to offset any change to the economics of the trade. If the determination is not possible, the trade goes to ""Cancellation and Payment"" with the Calculation Agent deciding on the value of the cancellation fee. Adjustments may not be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity."
MergerTenderShare,ModifiedCalculationAgent,Modified calculation agent,,FIX 5.0 SP2 EP208,ModifiedCalculationAgent,"Under the specified extraordinary event, the Calculation Agent will determine what adjustment is required to offset any change to the economics of the trade. If the determination is not possible, the trade goes to ""Cancellation and Payment"" with the Calculation Agent deciding on the value of the cancellation fee. Adjustments to account for changes in volatility, expected dividends, stock loan rate or liquidity are allowed."
MergerTenderShare,PartialCancellationAndPayment,Partial cancellation and payment,,FIX 5.0 SP2 EP208,PartialCancellationAndPayment,"This applies to basket transactions. Under the extraordinary event, the portion of the basket made up by the affected share will be cancelled and a cancellation fee will be paid from one party to the other. The remainder of the trade continues."
MergerTenderShare,Component,Component,,FIX 5.0 SP2 EP208,Component,"If the extraordinary event is a ""share for combined"" merger event, then different treatment can be applied to each component if the parties have specified this."
IndexEvent,CalculationAgentAdjustment,Calculation agent adjustment,,FIX 5.0 SP2 EP208,CalculationAgentAdjustment,"The Calculation Agent will determine what adjustment is required to offset any change to the economics of the trade. If the Calculation Agent cannot achieve this, the trade goes to Cancellation and Payment with the Calculation Agent deciding on the value of the cancellation fee. Adjustments may not be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity."
IndexEvent,NegotiatedCloseout,Negotiated closeout,,FIX 5.0 SP2 EP208,NegotiatedCloseout,"The parties may, but are not obliged, to terminate the transaction on mutually acceptable terms and if the terms are not agreed then the transaction continues."
IndexEvent,CancellationAndPayment,Cancellation and payment,,FIX 5.0 SP2 EP208,CancellationAndPayment,The trade is terminated.
IndexEvent,RelatedExchange,Related exchange adjustment,,FIX 5.0 SP2 EP208,RelatedExchange,
BuyerSeller,1,Buyer,,FIX 5.0 SP2 EP208,Buyer,
BuyerSeller,2,Seller,,FIX 5.0 SP2 EP208,Seller,
InsolvOrDelist,NegotiatedCloseout,Negotiated closeout,,FIX 5.0 SP2 EP208,NegotiatedCloseout,"The parties may, but are not obliged, to terminate the transaction on mutually acceptable terms and if the terms are not agreed then the transaction continues."
InsolvOrDelist,CancellationAndPayment,Cancellation and payment,,FIX 5.0 SP2 EP208,CancellationAndPayment,The trade is terminated.