MT 528 Field Specifications

19. Field 22a: Indicator

FORMAT

Option F	:4!c/[8c]/4!c	(Qualifier) (Data Source Scheme) (Indicator)
Option H	:4!c//4!c	(Qualifier) (Indicator)

PRESENCE

Mandatory

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	BUSE	N		H	Buy/Sell Indicator
2	O	PRIC	N		F	Type of Price
3	O	PROC	N		F	Processing Indicator
4	O	RPOR	R		F	Reporting Indicator
5	O	PRIR	N		F	Priority Indicator
6	O	SETG	N		F	Settlement Instruction Generation Indicator
7	O	TTCO	R		F	Trade Transaction Condition Indicator
8	O	COST	N		F	Commission Type
9	M	PAYM	N		H	Payment Indicator
10	M	REDE	N		H	Receive/Deliver Indicator

DEFINITION

This qualified generic field specifies:

BUSE	Whether the message relates to the sale or purchase of financial instruments, as shown in the original order to buy or sell.
PRIC	Type of price associated with the deal price.
PROC	Additional information relative to the processing of the trade.
RPOR	If the trade is to be reported to other parties.
PRIR	Execution priority of the trade.
SETG	Generation of a settlement instruction by an ETC service provider.
TTCO	Conditions under which the order/trade was executed.
COST	Commission type under which the order/trade was executed.
PAYM	Whether the transaction is free or against payment.
REDE	Instruction to receive or deliver securities.

CODES

When Qualifier is BUSE, Indicator must contain one of the following codes (Error code(s): K22):

BUYI	Buy.
SELL	Sell.

CODES

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

AVER	The price is an average execution price relating to partial fills.
AVOV	In partial fills, the deal price is an override of the average price.
COMB	Combined Expenses. It is used in the UK market.
NDIS	Net to client disclosed. It is used in the UK market.
NET1	The price is a net price - ie, net of all charges, fees, taxes.
NET2	The price is a net price - net only of local broker's commission, local fees, local taxes, etc.
NOGR	Notional Gross. It is used in the UK market.
NUND	Net to client undisclosed. It is used in the UK market.
PARV	The price is a par value or equal to the nominal or face value of the instrument.
RDAV	The price is a rounded average price.

CODES

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

CLOP	The trade is to close a position.
OPEP	The trade is to open a position.

CODES

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

EXCH	The trade details are to be reported to a stock exchange. This stock exchange is identified in sequence D Other Parties.
TRRE	The trade details are to be reported to a regulatory organisation. This stock regulatory organisation is identified in sequence D Other Parties.

CODES

If Data Source Scheme is not present and Qualifier is PRIR, Indicator must contain a numerical value in the range 0001 - 9999 where 0001 refers to the highest priority. (Error code(s): K22).

CODES

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

GENS	This field specifies if the ETC service provider is to generate an MT 528 or 529.
NOGE	This field specifies if the ETC service provider is not to generate an MT 528 nor 529 where a previous agreement to do so exists.

CODES

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

BLKO	Block order. Trade is a block trade, allocation instructions will follow.
BLKO	Block order.
BTEX	Trade to be/was done at best execution. price.
BTMI	Bought minus indicator.
CBNS	Trade executed cum bonus.
CCPN	Trade executed cum coupon.
CDIV	Trade executed cum dividend.
CRST	Cross trade allowed. Cross trades are allowed whereby buy and sell orders are offset without recording the trade on the exchange.
CRST	Cross trade allowed.
CRTS	Trade executed cum rights.
CWAR	Trade executed cum warrants.
DIOR	Directed order. Order must be executed with a specific trading party.
DIOR	Directed order - This is an order that the Receiver of the message is to execute the trade with a specific broker, or other financial institution.
DORD	Direct order. Order - This is an order to be executed by a trading party broker other than the trading executing party to which the order is sent. In this case, the instructing party has traded with another broker which will subsequently send an advice MT 513 Advice of execution Execution to the executing party. to which this message is sent and which is acting as the clearing broker.
FRAC	Fractional parts allowed.
GTDL	Guaranteed Delivery: Delivery of the financial instrument on settlement date is guaranteed.
GTDL	Trade to be settled with guaranteed delivery.
NCRS	No cross trade allowed.
SETI	Sold exempt indicator - the sale is exempt from short-sale rules.
SPCU	Trade Executed Special Cum Dividend: Trade is executed with a special cum dividend, i.e., buying after the ex date and getting the dividend.
SPEX	Trade Executed Special Ex Dividend: Trade is executed with a special ex dividend, i.e., selling before the ex date without the coupon.
SPCU	Special cum dividend - buying after the ex date and getting a dividend.
SPEX	Special ex dividend - selling before the ex date without the coupon.
SPSI	Sold plus indicator.
SSTI	Sold short indicator.
XBNS	Trade executed ex bonus.
XCPN	Trade executed ex coupon.
XDIV	Trade executed ex dividend.
XRTS	Trade executed ex rights.
XWAR	Trade executed ex warrants.

CODES

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

CLDI	Commission is as per client agreement. type is client directed commission.
FLAT	Commission is a flat fee.
FLAT	Commission basis is a flat fee for the transaction.
PERN	Commission type is a percentage of the principal.
PWCD	Commission type is a percentage commission waived as cash discount.
PWEU	Commission type is a percentage commission waived as additional units.
PERU	Commission basis is per unit of financial instrument.
SOFT	Commission type is a percentage (soft dollar) commission.
STEP	Commission type is for step-out trade.

CODES

When the Qualifier is PAYM, Indicator must contain one of the following codes (Error code(s): K22):

APMT	Against payment.
FREE	Free.

CODES

When Qualifier is REDE, Indicator must contain one of the following codes (Error code(s): K22):

DELI	This is an instruction to deliver securities.
RECE	This is an instruction to receive securities.