MT 576 Field Specifications

50. Field 22F: Indicator: Party Capacity Indicator

FORMAT

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

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 O TRCA N   F Party Capacity Indicator

DEFINITION

This qualified generic field specifies:

TRCA Role of the broker in the transaction.

CODES

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

AGEN Trading as agent.
BAGN Acting as agent for both customer and another person.
CAGN Crossing as agent.
CPRN Crossing as principal.
OAGN Acting as agent for person other than customer.
PRAG Acting as agent for some executions and principal for others in the transaction.
PRIN Trading as principal.