MT 584 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. |