MT 558 Field Specifications

31. Field 25D: Status: Movement Status

FORMAT

Option D

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

(Qualifier) (Data Source Scheme) (Status Code)

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	MOVE	N		D	Movement Status

DEFINITION

This qualified generic field specifies:

MOVE

Movement Status

The status of the securities movement.

CODES

If Data Source Scheme is not present, Status Code must contain one of the following codes (Error code(s): K25):

LIMB	Limbo	The validation checks on the security have not yet started or are still ongoing.
CASH	Cash	The instruction is meant to cure a cash fail, but no cash fail position exists in the transaction.
CURR	Currency	At least one security in the message does not have the same currency as the transaction and this is a requirement in the triparty agreement or in the eligibility sets of this transaction.
NLEG	Eligibility	At least one security does not satisfy the eligibility criteria as defined in the triparty agreement (or in the eligibility set) for this transaction.
EXCL	Excluded	At least one security has been excluded from use as collateral for all transactions in the triparty agreement (or in the eligibility set).
TAXE	Tax	At least one security cannot be used as collateral because a tax event is due in the next few days.
AMT1	Amount	The checks on the amount of the securities have failed for at least one security.
MANU	Manually accepted	The security does not satisfy the eligibility criteria stipulated in the triparty agreement. However the bank has manually accepted this security.
WAIT	Wait	At present the security satisfies the currency and eligibility criteria checks.
FUTU	Future	The security satisfies all validation checks and can therefore be accepted for the related transaction.