MT 300 Field Specifications

14. Field 30T: Trade Date

FORMAT

Option T

8!n

(Date)

PRESENCE

Mandatory

DEFINITION

This field specifies the date the transaction was agreed between party A and party B.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYYYMMDD (Error code(s): T50).

USAGE RULES

The trade date remains the same when a confirmation is amended (corrected/completed) unilaterally. When the terms of the deal are renegotiated on a bilateral basis, the trade date reflects the date of renegotiation in the amend message.