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MT 304 Field Specifications

43. Field 22U: Underlying Product Identifier

FORMAT

Option U 6a (Product Identifier)

PRESENCE

Optional in optional sequence C

DEFINITION

This field specifies the underlying product type.

CODES

One of the following codes may be used:

FXFORW Foreign Exchange Forward
FXNDFO Foreign Exchange Non Deliverable Forward
FXSPOT Foreign Exchange Spot
FXSWAP Foreign Exchange Swap

USAGE RULES

These product codes must be in line with the ISDA Product Taxonomy.