Flexible premium arrangement, model 1 (direct order model)
The switch convention: switchfrom, switchto, financialInformationRef and switchType
Since Release 2027 a switch between funds is no longer a separate order type but a pair of two orders: a sale (switchfrom) and a purchase (switchto), coupled via financialInformationRef. switchType says whether both are executed on the same day or one after the other.
Steps
- Order 1PUOfinancialTransaction.trade with buySellId = switchfrom, positive tradeAmount or tradeQuantity, financialInformationRef = shared reference.00541
- Order 2PUOSecond trade with buySellId = switchto and the same financialInformationRef; switchType from AFDSWI on both.00541
- ConfirmationBroker → PUOMessage 6 mirrors both orders with the same references.00542
Rules and consistency checks
- Amounts and quantities are always positive; the direction is in buySellId.
- A switchfrom without a matching switchto is an error.
Source: Handleiding paragraaf 4.4.1; release notes v1.4.0