This Extension Pack, initiated by the CME Group, introduces enhancements to support various implementations related to satisfying regulatory requirements of the Dodd-Frank Act and similar regulations in Europe and Canada. It addresses gaps and enhancements needed to the FIX standard relative to four broad areas:

• Provide collateral deposit management for member firms related to cleared trades
• Standardize reporting of collateral information to trade repositories
• Support post-trade clearing and reporting of packaged swaps
• Facilitate coordination of identifiers and credit approval status of post-clearing allocation

In addition the Extension Pack includes enhancements relative to Canadian party classification.

The changes and the Extension Pack also make a change to the FIXML standard and resulting FIXML schemas. The previous concept of “optimized implicit block repeating” (OIBR) components is no longer supported. Two remaining components are affected by this change, one of them being enhanced by this Extension Pack and being the reason for the complete removal of OIBR (see section 3.5 for technical details). The related concept of “inlined component reference (ICR)” was introduced and approved at the end of 2011 to make additional usages of OIBR obsolete. Detailed technical information on the ICR concept can be found in Appendix D of the EP105 (Parties Reference Data Proposal) gap analysis (http://www.fixtradingcommunity.org/pg/file/fplpo/read/34004/ep105-parties-reference-data-enhancements ).

Update History

[Updated 2015-08-17] Revised the FIX Repository and FIXML schema reflect changes in EP161, EP169, EP170, EP187 and EP190. With the addition of LegFinancingDetails to InstrmtLegGrp, the InstrmtLegGrp component type was changed to BlockRepeating and the InstrumentLeg was changed to an inlined component to correctly generate the FIXML schema.

[Updated 2014-12-13] Updated FIXML Schema and FIX Repository due to correction of FIXML issue in EP182.