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Collective Investments
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re: Fund Trader <-> Registry
Sandra Throne / Depository Trust Company
26 Nov 2003 9:46AM ET>Matthew, I have not been as close to the CIV work as I was a year or so ago. I will forward your request to one of the other members of the group who developed the examples in Volume 7 and see if he can assist you.
In our discussions, at the time these documents were developed we were referring to the fund manager rather than to the transfer agent, you are correct.
Robert - thanks for getting back.
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> Looking at FIX 4.3 and 4.4 I can see lots of information on how to communicate individual orders to the fund mananger. To me, from the description, the examples look implicitly like the fund manager is taking the transfer agency role. Are there any examples where the role is performed by two different Parties.
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> How would I communicate to and from the Transfer Agency to the Fund Manager the net number of units subscribed and redeemed, their settlement currencies and varying settlement dates? The fund manager may not be exposed to the order detail but needs the aggregate information to manage the liquidity of the fund.
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> Thanks again.
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re: Fund Trader <-> Registry
Sandra Throne / Depository Trust Company 26 Nov 2003 9:46AM ET
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