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MT 601 Field Specifications

17. Field 32B: Strike Price

FORMAT

Option B 3!a15d (Currency)(Price)

PRESENCE

Mandatory in mandatory sequence A

DEFINITION

This field specifies the currency code and the strike price per unit of the underlying commodity.

NETWORK VALIDATED RULES

Currency must be a valid ISO 4217 currency code (Error code(s): T52).

The integer part of Price must contain at least one digit. The decimal comma ',' is mandatory and is included in the maximum length (Error code(s): T40,T43).

USAGE RULES

The number of digits in Price following the decimal comma will not be validated.