Code Set ClearingRequirementExceptionCodeSet Scenario base

SYNOPSIS: Specifies whether a party to a swap is using an exception to a clearing requirement. In the US, one such clearing requirement is CFTC's rule pursuant to CEA Section 2(h)(1).

ID Datatype
1932int

Codes

ID Name Value Description Supported Added EP Updated EP Deprecated EP
1932001NoException0SYNOPSIS: No exception
✓FIX.5.0SP2161
1932002Exception1SYNOPSIS: Exception
ELABORATION: Used to indicate an exception to a clearing requirement without elaborating on the type of exception.
✓FIX.5.0SP2161FIX.5.0SP2177
1932003EndUserException2SYNOPSIS: End-user exception
ELABORATION: In the US, see CFTC Final Rule on End-User Exception to Clearing Requirements for Swaps Fact Sheet http://www.cftc.gov/ucm/groups/public/@newsroom/documents/file/eue_factsheet_final.pdf
✓FIX.5.0SP2177
1932004InterAffiliateException3SYNOPSIS: Inter-affiliate exception
ELABORATION: In the US, see CFTC Final Rule - Clearing Exemption for Swaps Between Certain Affiliated Entities http://www.cftc.gov//ucm/groups/public/@lrfederalregister/documents/file/2013-07970a.pdf
✓FIX.5.0SP2177
1932005TreasuryAffiliateException4SYNOPSIS: Treasury affiliate exception
ELABORATION: In the US, see CFTC No Action Letter 13-22 No Action Relief from the Clearing Requirement for Swaps Entered into by Eligible Treasury Affiliates http://www.cftc.gov/ucm/groups/public/@lrlettergeneral/documents/letter/13-22.pdf
✓FIX.5.0SP2177
1932006CooperativeException5SYNOPSIS: Cooperative exception
ELABORATION: Clearing exception for certain swaps entered into by cooperatives. In the US, see Regulation 50.51(a) Definition of Exempt Cooperative: https://www.federalregister.gov/articles/2013/08/22/2013-19945/clearing-exemption-for-certain-swaps-entered-into-by-cooperatives
✓FIX.5.0SP2177