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Clearing Corp Bulletins Printer Friendly Version Printer Friendly Version
VOLUME 22 – BULLETIN #007

TO:

ALL CLEARING MEMBERS

FROM:

BUSINESS SYSTEMS GROUP

DATE:

January 10, 2002

SUBJECT:

GAPI/Real Time Feed Message Differences

With the upcoming plan to move give-up processing from the OTIS System to the ACT 2.0TM System, firms will need to be prepared to handle the replacement of MQM Real Time messages with Give-Up Application Program Interface (GAPI) messages. Listed below are the GAPI equivalents to current Real Time MQM messages as well as new messages exclusive to GAPI. The listing is being provided to help firms assess the impact of changes they will need to make to process GAPI messages.

GAPI Messages that have Real Time Feed Equivalents:

 

• Confirms and dups for:

   

• Allocations (GAC/GAD)

   

• Claims (GCC/GCD)

   

• Initiate Reversal (GIC/GID)

 

• Alerts to the executing firm:

   

• Claims (GCA)

   

• Allocation Reject (GJA)

   

• Confirm Reversal (GVA)

     

GAPI Messages that have NO Real Time Feed Equivalents:

 

• All summary messages (GSA, GSC, GSD)

 

• Confirms and dups for:

   

• Allocation Reject (GJC/GJD)

   

• Confirm Reversal (GVC/GVD)

 

• Alerts to the carrying firm:

   

• Allocations (GAA)

   

• Initiate Reversal (GIA)

 

• All error messages

Trex Record Differences:

Field

GAPI

RTF

Trex Blocks

Always Main, M2.

A2 for all except summary messages.

Optional M1 for errors and certain messages.

Always Main, A2, M2

Message Identifier

(Main Block cols 1 – 3)

Various, beginning with G

‘1’ – Futures Clearing & Books

‘J’ – Futures Clearing Only

‘H’ – Options

Message Length

(Main Block cols 21 – 24)

Various

Always 245

Trade Id Source Code

(Main Block cols 146 – 148)

‘GAP’

‘DUG’

M2 Subsystem

(M2 Block cols 6 – 8)

‘GAP’

‘DUG’

Record Id on Allocation Add Messages –

GAC/GAD Action A

(Main Block cols 140 – 145)

(M1 Block cols 110 – 115)

Main block record id contains summary id. M1 block contains allocation id.

Main block record id contains allocation id. M1 block not used.

Record Id on Claim Add Messages –

GCC/GCD Action A

(Main Block cols 140 – 145)

(M1 Block cols 110 – 115)

Main block record id contains allocation id. M1 block contains claim id

Main block record id contains claim id. M1 block not used.

Should you have any questions, please call or e-mail one of the following Business Systems Analysts:

John Compall

 

john.compall@botcc.com

Shawn Gebbia

786-5748

shawn.gebbia@botcc.com

Marc MacQuarrie

786-5732

marc.macquarrie@botcc.com

Ross McDonald

786-3804

ross.mcmahon@botcc.com

Molly McMahon

786-5731

molly.mcmahon@botcc.com

Richard Scruggs

786-5739

richard.scruggs@botcc.com

Jill Turner

786-5718

jill.turner@botcc.com

     

Thomas Andrews

Manager

thomas.andrews@botcc.com

Diane Schuering

Vice President

diane.schuering@botcc.com

     
     

Business Systems Group E-Mail Address

bsg@botcc.com

BOTCC Web Site

http://www.botcc.com