Detachment Notification Message

From Open Risk Manual

Definition

Detachment Notification Message. Notification of separation of components that comprise a security - usually units comprised of warrants and bond or warrants and equity.

Units may be broken up at the request of the security holder or based on market convention. Scope: See Attachment. SWIFT Full text: "Separation of components that comprise a security - usually units comprised of warrants and bond or warrants and equity. Units may be broken up at the request of the security holder or based on market convention."

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This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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