MT 536 Field Specifications

36. Field 98a: Date/Time

FORMAT

Option A	:4!c//8!n	(Qualifier) (Date)
Option C	:4!c//8!n6!n	(Qualifier) (Date) (Time)
Option B	:4!c/[8c]/4!c	(Qualifier) (Data Source Scheme) (Date Code)

PRESENCE

Mandatory in an optional sequence

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	ESET	N		A, C	Effective Settlement Date/Time
2	O	SETT	N		A, B, C	Settlement Date/Time
3	O	TRAD	N		A, B, C	Trade Date/Time
4	O	VALU	N		A, C	Value Date/Time

DEFINITION

This qualified generic field specifies:

ESET	Effective Settlement Date/Time	Date/time on which the settlement effectively took place.
SETT	Settlement Date/Time	Date/time at which the financial instruments are to be delivered or received.
SETT	Settlement Date/Time	Settlement date/time on which the securities were to be exchanged.
TRAD	Trade Date/Time	Date/time at on which the trade deal was executed. agreed.
VALU	Value Date/Time	Date/time on which the cash amount has been credited/debited when different from the date/time on which the securities have been credited/debited.

CODES

In option B, if Qualifier is SETT and Data Source Scheme is not present, Date Code must contain one of the following codes (Error code(s): K98):

SEOP	Seller's option	Settlement was completed at the seller's option.
TBAT	To be Announced	Settlement was done as a result of a 'to be announced' trade.
WDIS	Distributed	Settlement was done when the security was distributed.
WIDI	Issued or Distributed	Settlement was done when the security was issued or distributed.
WISS	Issued	Settlement was done when the security was issued.

CODES

In option B, if Qualifier is TRAD and Data Source Scheme is not present, Date Code must contain the following code (Error code(s): K98):

VARI	Partial Trades

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYYYMMDD (Error code(s): T50).

Time must be a valid time expressed as HHMMSS (Error code(s): T38).