Show/Hide TOC

MT 304 Field Specifications

48. Field 98H: Clearing Timestamp

FORMAT

Option H 6!n[,3n][/[N]2!n[2!n]] (Time)(Decimals)(UTC Indicator)

PRESENCE

Optional in optional sequence C

DEFINITION

This field specifies the time at which the CCP has legally taken on the clearing of the trade in Coordinated Universal Time (UTC).

NETWORK VALIDATED RULES

Time must be a valid time expressed as HHMMSS (Error code(s): T38).

UTC Indicator must be a valid time expressed as HH[MM] (Error code(s): T39).

Sign ([N]) must not be used when UTC Indicator is equal to all zeroes (Error code(s): T14).