Component Block - <NestedParties> 

The <NestedParties> component block is identical to the <Parties> Block. It is used in other component blocks and repeating groups when nesting will take place resulting in multiple occurrences of the <Parties> block within a single FIX message.. Use of <NestedParties> under these conditions avoids multiple references to the <Parties> block within the same message which is not allowed in FIX tag/value syntax.

Used in:

Tag Field Name Req'd Comments
539 NoNestedPartyIDs N Repeating group below should contain unique combinations of NestedPartyID, NestedPartyIDSource, and NestedPartyRole
=> 524 NestedPartyID N Used to identify source of NestedPartyID. Required if NestedPartyIDSource (525) is specified. Required if NoNestedPartyIDs (539) > 0.
=> 525 NestedPartyIDSource N Used to identify class source of NestedPartyID (524) value (e.g. BIC). Required if NestedPartyID (524) is specified. Required if NoNestedPartyIDs (539) > 0.
=> 538 NestedPartyRole N Identifies the type of NestedPartyID (524) (e.g. Executing Broker). Required if NoNestedPartyIDs (539) > 0.
=> 804 NoNestedPartySubIDs N
=> => 545 NestedPartySubID N
=> => 805 NestedPartySubIDType N