MT 535 Field Specifications

45. Field 94a: Place

FORMAT

Option B	:4!c/[8c]/4!c[/30x]	(Qualifier)(Data Source Scheme)(Place Code)(Narrative)
Option C	:4!c//2!a	(Qualifier)(Country Code)
Option F	:4!c//4!c/4!a2!a2!c[3!c]	(Qualifier)(Place Code)(Identifier Code)

PRESENCE

Optional in optional subsequence B1b

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	PRIC	N		B	Source of Price
2	O	SAFE	N	C7, C8	B, C, or F	Place of Safekeeping
3	O	PLED	N		B or F	Pledgee
4 3	O	PLIS	N		B	Place of Listing

DEFINITION

This qualified generic field specifies:

PLED	Pledgee	Entity to which the financial instruments are pledged.
PLIS	Place of Listing	Place where the referenced financial instrument is listed.
PRIC	Source of Price	Source of price quotation.
SAFE	Place of Safekeeping	Location where the financial instruments are/will be safekept.

CODES

In option B, if Qualifier is PRIC and Data Source Scheme is not present, Place Code must contain one of the following codes (Error code(s): K94):

FUND	Fund	Source of price quotation is a fund (transfer agent, fund itself, etc.).
LMAR	Local Market	Source of price quotation is the market.
THEO	Theoretical	Source of price quotation is a theoretical value based on the market yield.
VEND	Vendor	Source of price quotation is an external vendor.

CODES

In option B, if Qualifier is PLED and Data Source Scheme is not present, Place Code must contain one of the following codes (Error code(s): K94):

CPTY	Counterparty	Financial instruments are pledged to a counterparty.
REGB	Regulatory Body	Financial instruments are pledged to a regulatory body.

CODES

In option B, if Qualifier is SAFE and Data Source Scheme is not present, Place Code must contain the following code (Error code(s): K94):

SHHE

Shares Held Elsewhere

Used for certain financial instruments, for example, US mutual funds, where settlement is internal only, that is, there is no external movement of financial instrument.

CODES

In option F, if Qualifier is SAFE, Place Code must contain one of the following codes (Error code(s): K94):

CUST	Local Custodian	Financial instruments held at a local custodian.
ICSD	International Central Securities Depository	Financial instruments held at an International Central Securities Depository.
NCSD	National Central Securities Depository	Financial instruments held at a National Central Securities Depository.
SHHE	Shares Held Elsewhere	Used for certain financial instruments, for example, US mutual funds, where settlement is internal only, that is, there is no external movement of financial instrument.

CODES

In option F, if Qualifier is PLED, Place Code must contain one of the following codes (Error code(s): K94):

CPTY	Counterparty	Financial instruments are pledged to a counterparty.
REGB	Regulatory Body	Financial instruments are pledged to a regulatory body.

CODES

In option F, Place Code must contain one of the following codes (Error code(s): K94):

CUST	Local Custodian	Financial instruments held at a local custodian.
ICSD	International Central Securities Depository	Financial instruments held at an International Central Securities Depository.
NCSD	National Central Securities Depository	Financial instruments held at a National Central Securities Depository.
SHHE	Shares Held Elsewhere	Used for certain financial instruments, for example, US mutual funds, where settlement is internal only, that is, there is no external movement of financial instrument.

CODES

In option B, if Qualifier is PLIS and Data Source Scheme is not present, Place Code must contain one of the following codes (Error code(s): K94):

EXCH	Stock Exchange	Place of listing is a stock exchange.
OTCO	Over The Counter	Place of listing is over the counter.

NETWORK VALIDATED RULES

Country Code must be a valid ISO country code (Error code(s): T73).

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

Narrative (Format Option B) must not start or end with a slash '/' and must not contain two consecutive slashes '//' (Error code(s): T26).

USAGE RULES

For qualifier PRIC, when Place Code is LMAR, Narrative must specify the Market Identifier Code (MIC).

Place of Listing is to be identified by its Market Identifier Code (MIC).