Skip to content

FIRDS Update - 28th September 2019

/ Article

FIRDS has been updated to allow for new CFI codes.

Changes include allowing character 'X' in the 3rd attribute for forwards. Previously some forwards were limited to either C (CFD) or S (Spreadbet) due to a limitation in the ISO standard. To get around this, ESMA have allowed an 'X' to be populated in these circumstances.

E.g. For commodity forwards 'JT**X*' now allowed as ISO spec does not include 'JT**S*' (commodity spread bets)

See full specification of allowed CFI codes here.

The full XML schema can be found here.