MT 536 Field Specifications

39. Field 98a: Date/Time

FORMAT

Option A	:4!c//8!n	(Qualifier)(Date)
Option B	:4!c/[8c]/4!c	(Qualifier)(Data Source Scheme)(Date Code)
Option C	:4!c//8!n6!n	(Qualifier)(Date)(Time)

PRESENCE

Mandatory in optional subsequence B1a2

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	ESET	N		A or C	Effective Settlement Date/Time
2	O	SETT	N		A, B, or C	Settlement Date/Time
3	O	TRAD	N		A, B, or C	Trade Date/Time
4	O	VALU	N		A or C	Value Date/Time

DEFINITION

This qualified generic field specifies:

ESET	Effective Settlement Date/Time	Date/time at which a transaction effectively settled.
SETT	Settlement Date/Time	Date/time at which the financial instruments are to be delivered or received.
TRAD	Trade Date/Time	Date/time at which the trade was executed.
VALU	Value Date/Time	Date/time at which the amount of money has been credited/debited when different from the date/time at which the securities have been credited/debited.

CODES

In option B, if Qualifier is SETT and Data Source Scheme is not present, Date Code must contain the following code (Error code(s): K98):

WISS

When Issued

Settlement was done when the security was issued.

CODES

In option B, if Qualifier is TRAD and Data Source Scheme is not present, Date Code must contain the following code (Error code(s): K98):

VARI

Various

Partial trades have occurred over a period of two or more days.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYYYMMDD (Error code(s): T50).

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