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      Remove Transactive State and discussion.

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      Remove Transactive State and discussion.

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      Transactive State

      Transactive state values are not documented in CTS nor [EMIX]. While one can imply the meaning, the boundaries of each state seem vague when analyzed. Is there an implied order too? What state would a delivered and settled tender take? Delivery or publication? What about in a market where settlement occurs at the time of the transaction before delivery?
      Having the same transactive state map over both tenders and transaction is a stretch when taking the individual values. This dual-use also becomes a source of conflictual information and implementations intent between a tender transactive state and the transaction transactive state.

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            • Assignee:
              WilliamCox William Cox
              Reporter:
              Toby.Considine Toby Considine
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