Contains a code representing a related party role. This can be extended to provide custom roles. 2012-03-21 partyRoleScheme 2-1 http://www.fpml.org/coding-scheme/party-role http://www.fpml.org/coding-scheme/party-role-2-1 http://www.fpml.org/coding-scheme/party-role-2-1.xml Code 63 Source Description key AllocationAgent FpML The organization responsible for supplying the allocations for a trade to be allocated to multiple accounts/organizations. ArrangingBroker FpML The organization that arranged the trade, i.e. brought together the counterparties. Synonyms/Alternatives: Inter-dealer broker, agent. ExecutingBroker FpML The (generally sell-side) organization that executed the trade; the price-making party. PrimeBroker FpML The organization that takes on or took on the credit risk for this trade by stepping in between the two economic parties (without a central counterparty clearing mechanism). ClearingFirm FpML Organization that submits the trade to a clearing house on behalf of the principal. Synonyms/alternates: Futures Commission Merchant (FCM), Clearing Broker, Clearing Member Firm. ClearingOrganization FpML Organization that protects counterparties against credit risk by stepping in as a central counterparty between them, and mitigates its risk by the use of margin, including regular (e.g. daily) re-margining. ClearingService FpML For CFTC Part 20 Large Trader Position Reporting only, organization that protects counterparties against credit risk by stepping in as a central counterparty between them, and mitigates its risk by the use of margin, including regular (e.g. daily) re-margining, i.e. ClearingOrganization. Guarantor FpML Organization that backs (guarantees) the credit risk of the trade. Custodian FpML Organization that maintains custody of the asset represented by the trade on behalf of the owner/principal. CreditSupportProvider FpML Organization that enhances the credit of another organization (similar to guarantor, but may not fully guarantee the obligation). Counterparty FpML An economic counterparty to the trade. Synonym: principal. TradeSource FpML The organization that originally supplied the record of the trade. SettlementAgent FpML The organization that makes or receives payments on behalf of the given principal party. Accountant FpML Organization responsible for preparing the accounting for the trade. Beneficiary FpML Organization that suffers the economic benefit of the trade. The beneficiary may be distinct from the principal/counterparty - an example occurs when a hedge fund trades via a prime broker; in this case the principal is the prime broker, but the beneficiary is the hedge fund. This can be represented as a payer/receiver account in the name of the hedge fund, but it is also possible to add the party role of "Beneficiary" at the partyTradeInformation level. ExecutionFacility FpML The facility, exchange, or market where the trade was executed. Synonym: Swap Execution Facility, Designated Contract Market, Execution Venue. TradeRepository FpML An organization that maintains records of the trade for regulatory reporting purposes. ReportingParty FpML The party with the regulatory responsibility to report this trade. TradingManager FpML The entity responsible for managing the assets/investments of this party. Synonnym: Asset Manager, Investment Manager, Trading Advisory. TradingPartner FpML An entity with which this party trades from time to time, ie. with which it acts as a counterparty on some transactions. This role is used for static reference data, not individual transactions.