Flexible premium arrangement (FPR): orders (messages 5 and 6)

Who processes the order: broker, transfer agent or order desk, with the same messages 5 and 6

The party that processes an order can be a broker, transfer agent or order desk (manual section 4.2). That choice does not change the data exchange: message 5 goes from the PUO to the investment administrator and message 6 comes back from the investment administrator. Earlier versions of the manual still described orders via an order platform as a separate variant; the final Release 2027 has one FPR model (issue #124).

Steps

• OrderPUO → BAMessage 5 with the investment administrator as party.receiver; the processing party can be a broker, transfer agent or order desk. 00541
• ConfirmationBA → PUOMessage 6 reports the execution back to the PUO, whichever party processed the order. The message can name those parties in the fields broker, clearingBroker and counterparty (the transfer agent). 00542

Source: Handleiding paragraaf 4.2; tabel 12 (paragraaf 6.4)