MT 601 Format Specifications

The format contains two sequences:

• Sequence A General Information provides the details of the option confirmation.

• Sequence B Reporting Information provides transaction information that must be reported to a trade repository. This sequence is optional and is only to be used for reporting to trade repositories, although some fields, for example, unique transaction identifier and prior unique transaction identifier, might be used on regular confirmations.

MT 601 Commodity Option Confirmation

Status	Tag	Field Name	Content/Options	No.
Mandatory Sequence A General Information
M	15A	New Sequence	Empty field	1
M	20	Transaction Reference Number	16x	2
M	21	Related Reference	16x	3
M	22	Code/Common Reference	8a/4!a2!c4!n4!a2!c	4
O	94A	Scope of Operation	4!c	5
M	82a	Party A	A, D, or J	6
M	87a	Party B	A, D, or J	7
O	83a	Fund or Beneficiary Customer	A, D, or J	8
M	23	Further Identification	16x	9
M	30	Date Contract Agreed/Amended	6!n	10
M	26C	Identification of the Commodity	[3!a]/15x/5!a4!a[4x][//8x]	11
O	31C	Earliest Exercise Date	6!n	12
M	31G	Expiry Details	6!n/4!n/12a	13
M	31E	Final Settlement Date	6!n	14
M	26F	Settlement Type	9a	15
M	32F	Unit and Amount of the Commodity	3!a15d	16
M	32B	Strike Price	3!a15d	17
M	33B	Premium Price	3!a15d	18
M	34a	Premium Payment	P or R	19
O	53a	Sender's Correspondent	A, B, or D	20
O	56a	Intermediary	A, B, or D	21
M	57a	Account With Institution	A, B, or D	22
M	77H	Type, Date, Version of the Agreement	6a[/8!n][//4!n]	23
O	77D	Terms and Conditions	6*35x	24
O	14C	Year of Definitions	4!n	25
O	72	Sender to Receiver Information	6*35x	26
End of Sequence A General Information
Optional Sequence B Reporting Information
M	15B	New Sequence	Empty field	27
-----> Optional Repetitive Subsequence B1 Reporting Parties
M	22L	Reporting Jurisdiction	35x	28
O	91a	Reporting Party	A, D, or J	29
-----> Optional Repetitive Subsequence B1a Unique Transaction Identifier
M	22M	UTI Namespace/Issuer Code	20x	30
M	22N	Transaction Identifier	32x	31
-----> Optional Repetitive Subsequence B1a1 Prior Unique Transaction Identifier
M	22P	PUTI Namespace/Issuer Code	20x	32
M	22R	Prior Transaction Identifier	32x	33
-----| End of Subsequence B1a1 Prior Unique Transaction Identifier
-----| End of Subsequence B1a Unique Transaction Identifier
-----| End of Subsequence B1 Reporting Parties
O	96a	Clearing Exception Party	A, D, or J	34
----->
O	22S	Clearing Broker Identification	1!a/35x	35
-----|
O	22T	Cleared Product Identification	35x	36
O	17E	Clearing Threshold Indicator	1!a	37
O	22U	Underlying Product Identifier	6a	38
O	17H	Allocation Indicator	1!a	39
O	17P	Collateralisation Indicator	1!a	40
O	22V	Execution Venue	35x	41
O	98D	Execution Timestamp	8!n6!n[,3n][/[N]2!n[2!n]]	42
O	17W	Non Standard Flag	1!a	43
O	17Y	Financial Nature of the Counterparty Indicator	1!a	44
O	17Z	Collateral Portfolio Indicator	1!a	45
O	22Q	Collateral Portfolio Code	10x	46
O	17L	Portfolio Compression Indicator	1!a	47
O	17M	Corporate Sector Indicator	1!a	48
O	17Q	Trade with Non-EEA Counterparty Indicator	1!a	49
O	17S	Intragroup Trade Indicator	1!a	50
O	17X	Commercial or Treasury Financing Indicator	1!a	51
O	77A	Additional Reporting Information	20*35x	52
End of Sequence B Reporting Information
M = Mandatory, O = Optional