MT 304 Field Specifications

12. Field 81a: Central Counterparty Clearing House (CCP)

FORMAT

Option A	[/1!a][/34x] 4!a2!a2!c[3!c]	(Party Identifier) (Identifier Code)
Option D	[/1!a][/34x] 4*35x	(Party Identifier) (Name and Address)
Option J	5*40x	(Party Identification)

PRESENCE

Optional in mandatory sequence A

DEFINITION

This field identifies an agency or separate corporation of a futures exchange responsible for settling and clearing trades, collecting and maintaining margins, regulating delivery and reporting trade data.

CODES

In option J, Party Identification must be specified as a list of pairs (Code)(Value) and the following codes and format must be used (Error code(s): T78):

Note that optional codes are surrounded by square brackets ('[' and ']') which are not part of the syntax.

/ABIC/	4!a2!a2!c[3!c] or 4!a	Identifier Code or 'UKWN' if BIC not known
[/CLRC/]	35x	Clearing code (optional)
[/LEIC/]	18!c2!n	Legal Entity Identifier (optional)
/NAME/	34x	Party's name

NETWORK VALIDATED RULES

Identifier Code must be a registered BIC (Error code(s): T27,T28,T29,T45).

USAGE RULES

The field is only to be used in case the Non Deliverable Forward has to be cleared.