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MT 514 Field Specifications

28. Field 22F: Indicator: Party Capacity Indicator

FORMAT

Option F :4!c/[8c]/4!c (Qualifier)(Data Source Scheme)(Indicator)

PRESENCE

Optional in mandatory subsequence B1

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 O TRCA N   F Party Capacity Indicator

DEFINITION

This qualified generic field specifies:

TRCA Party Capacity Indicator Specifies the role of the party in the transaction.

CODES

If Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):

AGEN Trading as Agent Party is trading on behalf of his client.
BAGN Acting as Agent for Customer and Other Person Party is acting as an agent for both customer and another person.
CAGN Crossing as Agent Party is crossing on behalf of his client.
CPRN Crossing as Principal Party is crossing for his own account.
OAGN Acting as Agent for Person Other than Customer Party is acting as an agent for a person other than a customer.
PRAG Acting as Agent for Some Executions and Principal Party is acting as an agent for some executions and principal for others.
PRIN Trading as Principal Party is trading for his own account.
RISP Acting as Riskless Principal Party is trading as a riskless principal, that is, the order to buy (sell) has been simultaneously offset by an order to sell (buy) with another party.