MT 558 Field Specifications

5. Field 22a: Indicator

FORMAT

Option H	:4!c//4!c	(Qualifier) (Indicator)
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	CINT	N		F, H	Collateral Instruction Type Indicator
2	M	COLA	N		F, H	Exposure Type Indicator
3	M	REPR	N		H	Collateral Receive/Provide Indicator
4	O	PRSS	N		F	Process Indicator
5	O	PRIR	N		F	Priority Indicator
6	O	AUTA	N		F	Automatic Allocation Indicator
7	O	FSSA	N		F	Failed Settlement Salvation Indicator

DEFINITION

This qualified generic field specifies:

CINT	Collateral Instruction Type Indicator	The type of instruction.
COLA	Exposure Type Indicator	The underlying business area/type of trade causing the exposure.
REPR	Collateral Receive/Provide Indicator	Whether the client is the collateral taker or giver.
PRSS	Process Indicator	The settlement process in which the collateral will be settled.
PRIR	Priority Indicator	The priority with which the instruction needs to be executed.
AUTA	Automatic Allocation Indicator	Specifies whether the allocation of the collateral is manual or automatic. How the client chooses the allocation of the collateral to be made.
FSSA	Failed Settlement Salvation Indicator	Whether the Receiver is allowed to solve failure in the settlement by proposing other collateral movements.

CODES

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

INIT	Initiation	Creation of a Collateral Management Transaction.
PADJ	Price Adjustment	Change Price
DADJ	Data Adjustment	Change dates, pricing rate, ...
AADJ	Automatic/manual Settlement Adjustment	Automatic/manual settlement adjustment.
CADJ	Collateral Adjustment	Change to collateral.
TERM	Termination	End of the Collateral Management Transaction.
MADJ	Margin Adjustment	Change to margin.

CODES

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

COMM	Commodities	Trading of exchanged traded commodities.
CRSP	Credit Support	Cash lending/borrowing; Letter of Credit; signing of master agreement.
EXTD	Exchange Traded Derivatives	Trading of exchanged traded derivatives in general.
OTCD	OTC Derivatives	OTC Derivatives trading.
REPO	Repurchase Agreement	Repo trading.
SECL	Secured Loan	Secured loan.
SLEB	Securities Lending and Borrowing	Securities lending and borrowing.

CODES

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

RECE	Collateral Taker	The client is the collateral taker.
PROV	Collateral Giver	The client is the collateral giver.

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 AUTA, Indicator must contain one of the following codes (Error code(s): K22):

AUTO	Automatic Allocation	The allocation of the collateral is made automatically.
MANU	Manual Allocation	The allocation of the collateral is made manually.

CODES

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

FSSN	No Salvation	The Receiver is NOT allowed to solve failure in the settlement by proposing other collateral movements.
FSSY	Salvation	The Receiver is allowed to solve failure in the settlement by proposing other collateral movements.

CODES

If Qualifier is PRSS, the Data Source Scheme allocated to the triparty agent should be used. Indicator must then be one of the codes published by the agent.