Option A | 4!c | (Scope) |
Optional in mandatory sequence A
This field specifies the role of the Sender and the Receiver of the message in the execution of the confirmed trade.
One of the following codes must be used (Error code(s): T36):
AGNT | Sender/Receiver is sending/receiving the message on behalf of a third party. |
BILA | Bilateral confirmation, that is, the Sender and the Receiver are the principals. |
BROK | The confirmation is sent by a money broker. |
The absence of this field means that the Sender and the Receiver are principals, that is, Scope is BILA.
AGNT is used when the confirmation has been sent or received on behalf of a separate legal party and that party has done the deal.