[This message was posted by Ryan Pierce (FPL Technical Director) of FIX 
Protocol Ltd. <[email protected]> to the "General Q/A" discussion 
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> There is a need for a standard way to convey counterparty restrictions
> to a third party over FIX and the PartyID block seems like the solution.

Thanks for your input.

I envision the Parties Reference Data message suite as being the building 
blocks upon which one can construct a lot of things, including a very robust 
entitlement system. This is the ideal case, though; we don't have time to model 
a full entitlement system for inclusion in FIX 5.0 SP2. I hope that building 
such an entitlement framework can be taken up by one or more Committees or 
Working Groups in the near future.

In the mean time, the two example PartyRole values you mention do allow for 
some rudimentary access control. While I don't think continuing to expand 
PartyRole is the best long-term solution, I do recognize your immediate 
business need to define acceptable and unacceptable settling parties, and I do 
support your proposed enhancement.

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