MT 306 Format Specifications

The MT 306 consists of nine sequences:

• Sequence A General Information contains general information about the option as well as about the confirmation itself

• Sequence B Transaction Details contains information about the transaction

• Sequence C Settlement Instructions for Payment of Premium provides the instructions for the payment of the premium

• Sequence D Vanilla Block provides the specific deal details for vanilla options

• Sequence E Payout Amount contains information about the payout amount for non-vanilla options

• Sequence F Barrier Block provides the barrier information

• Sequence G Trigger Block contains information about the trigger(s) for non-vanilla options

• Sequence H Non Deliverable Option Block provides specific details for the non-deliverable options

• Sequence I Additional Information provides information, which is not match-critical.

MT 306 Foreign Currency Option Confirmation

Status	Tag	Field Name	Content/Options	No.
Mandatory Sequence A General Information
M	15A	New Sequence	(CrLf)	1
M	20	Sender's Reference	16x	2
O	21	Related Reference	16x	3
M	22A	Type of Operation	4!c	4
O	94A	Scope of Operation	4!c	5
M	22C	Common Reference	4!a2!c4!n4!a2!c	6
M	21N	Contract Number Party A	16x	7
O	21B	Contract Number Party B	16x	8
M	12F	Option Style	4!c	9
M	12E	Expiration Style	4!c	10
M	17A	Barrier Indicator	1!a	11
M	17F	Non-Deliverable Indicator	1!a	12
M	22K	Type of Event	4!c[/35x]	13
O	30U	Date of Trigger Hit	8!n	14
O	29H	Location of Trigger Hit	4!c	15
M	82a	Party A	A, D or J	16
M	87a	Party B	A, D or J	17
M	77H	Type, Date, Version of the Agreement	6a[/8!n][//4!n]	18
O	77D	Additional Conditions	6*35x	19
O	14C	Year of Definitions	4!n	20
Mandatory Sequence B Transaction Details
M	15B	New Sequence	(CrLf)	21
M	17V	Buy (Sell) Indicator	1!a	22
M	30T	Trade Date	8!n	23
M	30X	Expiration Date	8!n	24
M	29E	Expiration Location and Time	4!c/4!n	25
O	30F	Final Settlement Date	8!n	26
O	37K	Premium Price	3!a12d	27
M	30V	Premium Payment Date	8!n	28
M	34B	Premium Currency and Amount	3!a15d	29
O	84a	Calculation Agent	A, B, D or J	30
Mandatory Sequence C Settlement Instructions for Payment of Premium
M	15C	New Sequence	(CrLf)	31
O	53a	Delivery Agent	A, D or J	32
O	86a	Intermediary 2	A, D or J	33
O	56a	Intermediary	A, D or J	34
M	57a	Receiving Agent	A, D or J	35
O	58a	Beneficiary Institution	A, D or J	36
Optional Sequence D Vanilla Block
M	15D	New Sequence	(CrLf)	37
O	30P	Earliest Exercise Date	8!n	38
----->
O	30Q	Intermediate Exercise Date	8!n	39
-----|
M	26F	Settlement Type	9a	40
M	32B	Put Currency and Amount	3!a15d	41
M	36	Strike Price	12d	42
M	33B	Call Currency and Amount	3!a15d	43
Optional Sequence E Payout Amount
M	15E	New Sequence	(CrLf)	44
M	33E	Currency, Amount	3!a15d	45
O	30H	Touch Payment Date	8!n	46
O	53a	Delivery Agent	A, D or J	47
O	86a	Intermediary 2	A, D or J	48
O	56a	Intermediary	A, D or J	49
M	57a	Receiving Agent	A, D or J	50
O	58a	Beneficiary Institution	A, D or J	51
Optional Sequence F Barrier Block
M	15F	New Sequence	(CrLf)	52
M	22G	Type of Barrier	4!c	53
M	37J	Barrier Level	12d	54
O	37L	Lower Barrier Level	12d	55
M	30G	Barrier Window Start Date and End Date	8!n/8!n	56
O	29J	Location and Time for Start Date	4!c[/4!n]	57
O	29K	Location and Time for End Date	4!c/4!n	58
Optional Sequence G Trigger Block
M	15G	New Sequence	(CrLf)	59
M	22J	Type of Trigger	4!c	60
M	37U	Trigger Level	12d	61
O	37P	Lower Trigger Level	12d	62
M	32Q	Currency Pair	3!a/3!a	63
Optional Sequence H Non Deliverable Option Block
M	15H	New Sequence	(CrLf)	64
M	14S	Settlement Rate Source	3!a2!n	65
M	32E	Settlement Currency	3!a	66
Optional Sequence I Additional Information
M	15I	New Sequence	(CrLf)	67
O	29A	Contact Information	4*35x	68
O	24D	Dealing Method	4!c[/35x]	69
O	88a	Broker Identification	A or D	70
O	71F	Broker's Commission	3!a15d	71
O	21G	Broker's Reference	16x	72
O	72	Sender to Receiver Information	6*35x	73
M = Mandatory O = Optional