MT 578 Field Specifications
12. Field 94B: Place: Place of Trade
FORMAT
Option B |
:4!c/[8c]/4!c[/30x] |
(Qualifier) (Data Source Scheme) (Place Code) (Narrative) |
PRESENCE
Optional
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
1 |
O |
TRAD |
N |
|
B |
Place of Trade |
DEFINITION
This qualified generic field specifies:
TRAD |
Place of Trade |
Place at which the order was traded. |
CODES
When Data Source Scheme is not present, Place Code must contain one of the following codes (Error code(s): K94):
EXCH |
Stock Exchange |
Place of trade is a stock exchange. |
OTCO |
Over the Counter |
Place of trade is over the counter. |
PRIM |
Primary market |
Place of trade is the primary market. |
SECM |
Secondary market |
Place of trade is the secondary market. |
NETWORK VALIDATED RULES
Narrative must not start or end with a slash '/' and not contain two consecutive slashes '//' (Error code(s): T26)
USAGE RULES
When Place Code is OTCO, Narrative must specify the system. When Place Code is EXCH, Narrative must specify the Market Identifier Code (MIC).