MT 518 Field Specifications

5. Field 22F: Indicator: Trade Transaction Type Indicator

FORMAT

Option F

:4!c/[8c]/4!c

(Qualifier) (Data Source Scheme) (Indicator)

PRESENCE

Mandatory

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	TRTR	N		F	Trade Transaction Type

DEFINITION

This qualified generic field specifies:

TRTR	Specifies the type of transaction of which the order is a component.

TRTR	Type of transaction prior to the settlement process.

CODES

If Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):

BASK	Basket trade. The transaction is a single order to buy and sell several financial instruments for the purpose of simulateneous buying and selling. Baskets are often used for a set of 15 or more financial instruments and play a role in arbitrage activity.
INDX	Index trade. The transaction is a single order to buy or sell all underlying financial instruments of an index, eg, S&P500.
LIST	List trade.
PROG	Program trade. The transaction relates to computer-driven automatically executed trades in large volumes of a set of several financial instruments
TRAD	Trade.

BASK	Basket trade.
INDX	Index trade.
LIST	List trade.
PROG	Program trade.
TRAD	Trade.