MT 565 Field Specifications

40. Field 36a: Quantity of Financial Instrument

FORMAT

Option C	:4!c//4!c	(Qualifier) (Quantity Code)
Option B	:4!c//4!c/15d	(Qualifier) (Quantity Type Code) (Quantity)

PRESENCE

Mandatory

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	QINS	N		C, B	Instructed Quantity
	or	QREC	N		C, B	Quantity to Receive
2	O	COND	N		B	Conditional Quantity
3	O	QOVE	N		B	Quantity Instructed to be Received Over and Above Normal Ensured Entitlement

DEFINITION

This qualified generic field specifies:

COND	Conditional Quantity	Used in the framework of conditional privilege on election. This quantity represents the min quantity of Financial Instrument to be accepted. In case of pro-ration, if this min. quantity is not reached, then the instruction is void.
QINS	Instructed Quantity	Quantity of underlying securities to which this instruction applies.
QOVE	Quantity Instructed to be Received Over and Above Normal Ensured Entitlement	The instructed quantity to receive on top of the normal entitlement, ie, not the combined quantity.
QREC	Quantity to Receive	Quantity of the benefits that the account owner wants to receive, eg, (ex: as a result of dividend reinvestment.). It is not related to the quantity of underlying securities held.

CODES

Quantity Type Code must contain one of the following codes (Error code(s): K36):

AMOR	Amortised Value	Quantity represents the current amortised face amount of a bond, eg, a periodic reduction of a bond's principal amount.
FAMT	Face Amount	Quantity expressed as the face amount of the principal of a debt instrument.
UNIT	Unit	Quantity expressed as a number, eg, a number of shares.

CODES

Quantity Code must contain one of the following codes (Error code(s): K36):

QALL

All Securities

The CA option selected applies to the entire eligible balance of underlying securities for the all account(s) specified in sequence B2.

NETWORK VALIDATED RULES

The integer part of Quantity must contain at least one digit. A decimal comma is mandatory and is included in the maximum length (Error code(s): T40, T43).

USAGE RULES

QOVE (Quantity Instructed to be Received Over and Above Normal Ensured Entitlement) defines the quantity to receive on top of the normal entitlement, not the combined quantity.

QINS could refer to one account in case of one account per instruction. It would refer to the aggregated quantity of the different accounts if the instruction message refers to more than one account, i.e. multiple B2 subsequence.