VB-PUO for the Broker, transfer agent or order desk
The executing party in the direct order model: receives trade instructions (5), executes and confirms (6). Otherwise outside the standard; operational asset managers and brokers in model 2 are instructed bilaterally.
Reject non-executable orders with feedback statusType 0 and a classified errorCode.
Match switch pairs on financialInformationRef.
tradeAmount mandatory in the confirmation; other fields optional since Release 2027.
Deadlines
Confirmation at T+3.
Attribution. Source: SIVI – VB-PUO Standard. Schemas, attribute descriptions and code lists are taken unchanged from the VB-PUO Standard (owned by the Pensioenfederatie, managed by SIVI) and shown with their release and version. Explanations, examples, error descriptions and translations are by WTP Data Lab and are not part of the standard. GitHub Stichting-SIVI/VBPUOdsk · Manual · sivi.org
