MT 305 Field Specifications| Option F |
1!a |
(Indicator) |
Optional in mandatory sequence A
This field specifies whether or not the confirmation is for a non-deliverable option.
Indicator must contain one of the following codes (Error code(s): T36):
| N |
A deliverable option |
| Y |
A non-deliverable option, that is, the option seller will pay the option buyer the in-the-money amount, if positive, on settlement date |
For a non-deliverable trade, this field must be present and contain "Y".
The absence of this field means that it is a deliverable trade.
