MT 300 Field Specifications

28. Field 24D: Dealing Method

FORMAT

Option D

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(Method) (Additional Information)

PRESENCE

Optional in a conditional sequence (C2)

DEFINITION

This field specifies how the deal was agreed.

CODES

One of the following codes must be used, optionally followed with additional information (Error code(s): T68):

BROK	Deal arranged by a voice broker.
ELEC	Deal made via an electronic system (Reuters, EBS etc.).
FAXT	Deal agreed by fax.
PHON	Deal agreed on the phone.
TELX	Deal agreed by telex.

USAGE RULES

For voice brokers this field contains the code BROK. If the broker needs to be identified explicitly, field 88a must be used.