MT 305 Field Specifications

11. Field 36: Strike Price

FORMAT

12d

(Rate)

PRESENCE

Mandatory

DEFINITION

This field specifies the rate at which the underlying currency will be exchanged for the counter currency.

NETWORK VALIDATED RULES

The integer part of Rate must contain at least one digit. A decimal comma is mandatory and is included in the maximum length (Error code(s): T40, T43).