MT 601 Field Specifications
9. Field 23: Further Identification
FORMAT
16x |
Must be formatted as:
|
4a/4a/1!a/4a |
(Buy/Sell Indicator)(Call/Put Indicator)(Style Indicator)(Manual/Automatic Indicator) |
PRESENCE
Mandatory in mandatory sequence A
DEFINITION
This field specifies whether, from the Sender's point of view, the option is sold or bought, is a put or a call, will exercise manually or automatically. It also indicates the style of the option.
CODES
Buy/Sell Indicator must contain one of the following codes:
BUY |
The Sender is confirming an option bought |
SELL |
The Sender is confirming an option sold |
CODES
Call/Put Indicator must contain one of the following codes:
CALL |
The Sender is confirming a call option |
PUT |
The Sender is confirming a put option |
CODES
Style Indicator must contain one of the following codes (Error code(s): T09):
A |
This is an American style option |
B |
This is a Bermudan style option |
E |
This is a European style option |
V |
This is an Asian style option |
CODES
Manual/Automatic Indicator must contain one of the following codes:
AUTO |
The exercise of the option is automatic |
MANU |
The exercise of the option is manual |