Option V | 1!a | (Indicator) |
Mandatory in mandatory sequence B
This field specifies whether party A is the buyer or the seller of the option.
Indicator must contain one of the following codes (Error code(s): T67):
B | Buyer: party A pays the premium and receives the payout amount if applicable. |
S | Seller: party A receives the premium and pays the payout amount if applicable. |