As an MTI client, submit trade allocation details, including any allocation commissions, in your MTI file. The CTM platform automatically generates a TradeLevel based on these allocations, and calculates TotalBlockCommission as the sum of all commissions from those allocations. Since TotalBlockCommission is a calculated field, you cannot force-match the field to correct a MISMATCHED trade component. Instead, you are required to cancel or amend the trade for the allocations. As a result, DTCC does not recommend activating the TotalBlockCommission field on your matching profile. This recommendation also applies to the other calculated field on a block, TotalAccruedInterestAmount on debt instruments.
Using the Message Translation Interface (MTI), can I match on Trade Commissions for a block trade?
- Category: L2 Fields Available for Matching