MT 303 Field Specifications

20. Field 17A: Buy (Sell) Indicator

FORMAT

Option A

1!a

(Indicator)

PRESENCE

Mandatory in a conditional sequence (C2)

DEFINITION

This field specifies whether the fund manager bought or sold the option.

CODES

Indicator must contain one of the following codes must be used (Error code(s): T36):

N	Option was sold by the fund manager, it receives the premium
Y	Option was bought by the fund manager, it pays the premium