16x |
Must be formatted as:
4a/4a/1!a/4a | (Buy/Sell Indicator)(Call/Put Indicator)(Style Indicator)(Manual/Automatic Indicator) |
Mandatory in mandatory sequence A
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.
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 |
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 |
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 |
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 |