EP017 – Allocations for Options

Extends the allocation workflow so open/close disposition can be represented for both parties to a give-up. The original PositionEffect identifies the effect for the party giving up the trade or position; the new AllocPositionEffect in the allocation and acknowledgement groups identifies whether the allocation increases or decreases the claiming or carry firm’s position. The workflow covers instruction to the clearing house, an unclaimed allocation report, claim or rejection by the carry firm, and final confirmation. [FIX Protoc…TCApproved | Word]