MT 300 Field Specifications

7. Field 17T: Block Trade Indicator

FORMAT

Option T 1!a (Indicator)

PRESENCE

Optional

DEFINITION

This field specifies whether the confirmed deal is a block trade and whether an MT 303 Forex/Currency Option Allocation Instruction, will be sent by the fund manager.

CODES

One of the following codes must be used (Error code(s): T36):

N If a normal trade, no MT 303 will be sent.
Y If a block trade, an MT 303 will be sent by the fund manager.

USAGE RULES

The absence of this field means that it is a normal trade (Indicator is N).