Addition of two valid values for position quantity types related to expiry and exercises.

• On expiration day, the position quantity after the application of trade and post trade activity, but prior to the application of exercises and assignments.
• The exercise quantity requested that was not allowed, e.g., the exercise quantity requested that exceeded the final long position.
• The requested exercise quantity, which may or may not differ from the exercise quantity.

Update History

[Updated 2013-12-09] The FIXML Schema and FIX Repository files have been updated for the following changes: an update to the base FIX 5.0 SP2 (See 20131209 Errata Release Notes); an update to EP105 to correct an issue with incorrect coding of UndInstrmtGrp and InstrmtLegGrp components in the Repository; an error in EP106 was also corrected to resolve FIXML Schema validation issues with components assigned to incorrect component categories.

[Updated 2012-12-03] FIXML Schema and FIX Repository updated to resolve schema validation errors reported.

Extension of input source information on Position Maintenance Reports to distinguish requests from programmable and interactive (GUI) interfaces.

Update History

[Updated 2013-12-09] The FIXML Schema and FIX Repository files have been updated for the following changes: an update to the base FIX 5.0 SP2 (See 20131209 Errata Release Notes); an update to EP105 to correct an issue with incorrect coding of UndInstrmtGrp and InstrmtLegGrp components in the Repository; an error in EP106 was also corrected to resolve FIXML Schema validation issues with components assigned to incorrect component categories.

[Updated 2012-12-03] FIXML Schema and FIX Repository updated to resolve schema validation errors reported.

[Updated 2012-06-25] Update of repository and FIXML Schema due to correction of EP131.

This extension allows clearing members to submit Long Holdings for each long position so that long positions which have been carried for the longest time can be selected for delivery first.

Update History

[Updated 2013-12-09] The FIXML Schema and FIX Repository files have been updated for the following changes: an update to the base FIX 5.0 SP2 (See 20131209 Errata Release Notes); an update to EP105 to correct an issue with incorrect coding of UndInstrmtGrp and InstrmtLegGrp components in the Repository; an error in EP106 was also corrected to resolve FIXML Schema validation issues with components assigned to incorrect component categories.

[Updated 2011-12-06] Added repository and FIXML Schema.

This extension supports NASD Rule 2860(b)(5) which requires member firms to file, or cause to be filed, reports for each account that has an aggregate position of 200 or more options contracts (whether long or short) on the same side of the market covering the same side of the market covering the same underlying security or index. These reports are referred to as LOPRs.

“NASD Rule 2860(b)(5) requires member firms to file, or cause to be filed, reports for each account that has an aggregate position of 200 or more options contracts (whether long or short) on the same side of the market covering the same side of the market covering the same underlying security or index. These reports are referred to as LOPRs.” (NASD Notice 05-22 Mar 18, 2005) Currently, a NASD member firm “may comply with this requirement by filing, or ensuring that another firm files on its behalf, reports to SIAC.” (NASD Notice 05-22 Mar 18, 2005) Each exchange has a similar rule for large options reporting on file. The Self Regulatory Organizations (SROs) that receive LOPR information include the seven listed options exchanges and the Financial Industry Regulatory Authority (FINRA). SROs will sometimes be referred to as “the exchanges.” Since January, 1987, the Securities Industry Automation Corporation (SIAC) has been responsible for the electronic collection and distribution of Large Options Positions Reports (LOPRs) on a daily basis. Processing procedures at SIAC have been relatively unchanged since the system’s inception and several systems enhancements are currently proposed. The Intermarket Surveillance Group (ISG), the main consumer of the daily LOPR output, has asked the Options Clearing Corporation (OCC) to develop and host a new LOPR interface and data repository.

Update History

[Updated 2013-12-09] Updated FIXML Schema and FIX Repository files due to update to the FIX 5.0 SP2 base. See SP2 20131209 Errata Release Notes for details.

[Updated 2011-10-04] Repository updates, EP content not impacted.

[Updated 2011-10-04] FIXML Schema updated to correct generation errors.

[Updated 2011-11-21] FIX Repository and FIXML Schema updated after EP102 finalization.

This implementation guide includes the recommended approaches to implement the OSI changes within the various versions of FIX.