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MT 304 Field Specifications

16. Field 14C: Year of Definitions

FORMAT

Option C 4!n (Year)

PRESENCE

Optional in mandatory sequence A

DEFINITION

This field specifies the year of the version of the Agreement's Definitions applicable to the MT 304 Advice/Instruction of a Third Party Deal.

USAGE RULES

The default value is 1998, that is, the 1998 FX and Currency Option Definitions (the FX definitions, as published by the International Swaps and Derivatives Association, Inc., the Emerging Markets Traders Association and the Foreign Exchange Committee) as amended and supplemented from time to time.