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MT 620 Field Specifications

57. Field 24D: Dealing Method

FORMAT

Option D 4!c[/35x] (Code)(Additional Information)

PRESENCE

Optional in conditional (see rule C10) sequence H

DEFINITION

This field specifies how the deal was agreed.

CODES

Code must contain one of the following codes, optionally followed with Additional Information (Error code(s): T68):

BROK Deal made via a broker
ELEC Deal made via an electronic system (Reuters, EBS etc.)
PHON Deal agreed on the phone

USAGE RULES

For voice brokers this field contains the code BROK. If the broker needs to be identified explicitly, field 88a must be used.