 Option F |
:4!c/[8c]/4!c |
(Qualifier)(Data Source Scheme)(Indicator) |
| Option H |
:4!c//4!c |
(Qualifier)(Indicator) |
Mandatory in optional subsequence C2
(Error code(s): T89)
| Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
| 1 |
M |
TRAN |
N |
|
F |
Transaction Indicator |
| 2 |
M |
REDE |
N |
|
H |
Receive/Deliver Indicator |
| 3 |
M |
PAYM |
N |
|
H |
Payment Indicator |
| 4 |
O |
STCO |
R |
|
F |
Settlement Transaction Condition Indicator |
| 5 |
O |
TRCA |
N |
|
F |
Party Capacity Indicator |
| 6 |
O |
STAM |
N |
|
F |
Stamp Duty Indicator |
| 7 |
O |
RTGS |
N |
|
F |
Securities Real-Time Gross Settlement Indicator |
| 8 |
O |
REGT |
N |
|
F |
Registration Indicator |
| 9 |
O |
BENE |
N |
|
F |
Beneficial Ownership Indicator |
| 10 |
O |
CASY |
N |
|
F |
Cash Settlement System Indicator |
| 11 |
O |
TCPI |
N |
|
F |
Tax Capacity Party Indicator |
| 12 |
O |
REPT |
N |
|
F |
Repurchase Type Indicator |
| 13 |
O |
MACL |
N |
|
F |
Market Side Indicator |
| 14 |
O |
BLOC |
N |
|
F |
Block Trade Indicator |
| 15 |
O |
REST |
N |
|
F |
Restrictions |
| 16 |
O |
SETS |
N |
|
F |
Settlement System/Method Indicator |
| 17 |
O |
NETT |
N |
|
F |
Netting Eligibility Indicator |
| 18 |
O |
CCPT |
N |
|
F |
CCP Eligibility Indicator |
| 19 |
O |
LEOG |
N |
|
F |
Letter of Guarantee Indicator |
| 20 |
O |
CAEV |
N |
|
F |
Corporate Action Event Indicator |
| |
or |
SETR |
N |
|
F |
Type of Settlement Transaction Indicator |
This qualified generic field specifies:
| BENE |
Beneficial Ownership Indicator |
Specifies whether there is change of beneficial ownership. |
| BLOC |
Block Trade Indicator |
Specifies whether the settlement instruction is a block parent or child. |
| CAEV |
Corporate Action Event Indicator |
Specifies the type of corporate event. |
| CASY |
Cash Settlement System Indicator |
Specifies what cash settlement system is instructed to be used. |
| CCPT |
CCP Eligibility Indicator |
Specifies whether the settlement transaction is CCP (Central Counterparty) eligible. |
| LEOG |
Letter of Guarantee Indicator |
Specifies whether physical settlement may be executed using a letter of guarantee or if the physical certificates should be used. |
| MACL |
Market Side Indicator |
Specifies whether an instruction is for a market side or a client side transaction. |
| NETT |
Netting Eligibility Indicator |
Specifies whether the settlement transaction is eligible for netting. |
| PAYM |
Payment Indicator |
Specifies whether the instruction is free or against payment. |
| REDE |
Receive/Deliver Indicator |
Specifies whether the transaction is a receipt or delivery of financial instruments. |
| REGT |
Registration Indicator |
Specifies whether registration should occur upon receipt. |
| REPT |
Repurchase Type Indicator |
Specifies the type of repurchase transaction. |
| REST |
Restrictions |
Restrictions governing the transfer of ownership of security. |
| RTGS |
Securities Real-Time Gross Settlement Indicator |
Specifies whether the settlement transaction is to be settled through an RTGS or a non RTGS system. |
| SETR |
Type of Settlement Transaction Indicator |
Specifies underlying information regarding the type of settlement transaction. |
| SETS |
Settlement System/Method Indicator |
Specifies whether the settlement instruction is to be settled through the default or the alternate settlement system. |
| STAM |
Stamp Duty Indicator |
Specifies the stamp duty type or exemption reason applicable to the settlement instruction. |
| STCO |
Settlement Transaction Condition Indicator |
Specifies the conditions under which the order/trade was to be settled. |
| TCPI |
Tax Capacity Party Indicator |
Specifies the tax role capacity of the instructing party. |
| TRAN |
Transaction Indicator |
Specifies the type of activity to which this instruction relates. |
| TRCA |
Party Capacity Indicator |
Specifies the role of the party in the transaction. |
In option F, if Qualifier is TRAN and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| BOLE |
Borrowing/Lending Activity |
Transaction relates to lending/borrowing. |
| CLAI |
Market Claim |
Transaction relates to a market claim following a corporate action. |
| COLL |
Collateral Activity |
Transaction relates to collateral. |
| CORP |
Corporate Action Activity |
Transaction relates to corporate action. |
| SETT |
Settlement and Clearing Activity |
Transaction relates to settlement and clearing. |
In option H, if Qualifier is REDE, Indicator must contain one of the following codes (Error code(s): K22):
| DELI |
Deliver |
Financial Instruments will be debited from the safekeeping account. |
| RECE |
Receive |
Financial Instruments will be credited to the safekeeping account. |
In option H, if Qualifier is PAYM, Indicator must contain one of the following codes (Error code(s): K22):
| APMT |
Against Payment |
Against payment. |
| FREE |
Free |
Free of payment. |
In option F, if Qualifier is STCO and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| ASGN |
Assignment |
Transfer ownership of the asset to another party. |
| BUTC |
Buy to Cover |
Settlement transaction is a buy to cover. |
| CLEN |
Clean |
Tax-exempt financial instruments are to be settled. |
| DIRT |
Dirty |
Taxable financial instruments are to be settled. |
| DLWM |
Delivery Without Matching |
Matching receipt instruction not required (only for concerned ICSD and CSD). |
| DRAW |
Drawn |
Settlement transactions relates to drawn securities. |
| EXER |
Exercised |
Settlement transaction relates to options, futures or derivatives that are exercised. |
| EXPI |
Expired |
Settlement transaction relates to options, futures or derivatives that have expired. |
| FRCL |
Free Clean Settlement |
Delivery will be made free of payment but a clean payment order will be sent. |
| KNOC |
Knocked Out |
Settlement transaction relates to options, futures or derivatives that are expired worthless. |
| NACT |
Not Accounting Related |
Security transaction is not for accounting. |
| NOMC |
No Automatic Market Claim |
No market claim should be automatically generated. |
| NPAR |
No Partial Settlement Allowed |
Partial settlement is not allowed. |
| PART |
Partial Settlement |
Partial settlement is allowed. |
| PENS |
Pending Sale |
Accounting information that the position to cover the pending sale will be available by contractual settlement date. |
| PHYS |
Physical |
Securities are to be physically settled. |
| RESI |
CSD Payment Only |
Relates to transaction on a security that is not eligible at the Central Securities Depository (CSD) but for which the payment will be enacted by the CSD. |
| RHYP |
Re-hypothecation |
Collateral position is available for other purposes (for example, onwards delivery). |
| RPTO |
Reporting |
Relates to a transaction that is for reporting purposes only. |
| SHOR |
Short Sale Indicator |
Settlement transaction will create a short position. |
| SPDL |
Special Delivery |
Settlement transactions to be settled with special delivery. |
| SPST |
Split Settlement |
Money and financial instruments settle in different locations. |
| TRAN |
Transformation |
Transaction resulting from a transformation. |
| UNEX |
Unexposed |
Delivery cannot be performed until money is received. |
In option F, if Qualifier is TRCA and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| CUST |
Settling as a Custodian |
Settlement party is a custodian. It receives/delivers the securities and carries out custodial duties. |
| RISP |
Settling as Riskless Principal |
Party settles trades that were simultaneously offset. |
| SAGE |
Settling as an Agent |
Party settles trades on behalf of his client for which he also traded. |
| SPRI |
Settling as a Principal |
Party settles its own trades. |
In option F, if Qualifier is RTGS and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| NRTG |
Non-RTGS |
Settle through the non-RTGS system. If there is a standing instruction in place for settlement through the RTGS instruction, then this standing instruction is to be ignored. |
| YRTG |
RTGS |
Settle through the RTGS system. If there is a standing instruction in place for settlement through the non-RTGS system, then this standing instruction is to be ignored. |
In option F, if Qualifier is REGT and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| NREG |
Street Name |
Hold the securities in street name. If there is a standing instruction in place to register on receipt, then this standing instruction is to be ignored. |
| YREG |
Register |
Register on receipt. If there is a standing instruction in place to hold the securities in street name, then this standing instruction is to be ignored. |
In option F, if Qualifier is BENE and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| NBEN |
NCBO |
No Change of Beneficial Ownership (NCBO). If a standing instruction is in place for change of beneficial ownership (CBO), then this standing instruction is to be ignored. |
| YBEN |
CBO |
Change of Beneficial Ownership (CBO). If a standing instruction is in place for no change of beneficial ownership (NCBO), then this standing instruction is to be ignored. |
In option F, if Qualifier is CASY and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| GROS |
Gross Settlement System |
Settle money through gross settlement system. |
| NETS |
Net Settlement System |
Settle money through net settlement system. |
In option F, if Qualifier is TCPI and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| AGEN |
Agent |
Acting as an agent for tax liability. |
| PRIN |
Principal |
Acting as a principal for tax liability. |
In option F, if Qualifier is REPT and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
In option F, if Qualifier is MACL and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| CLNT |
Client Side |
Instruction is for a client side transaction. |
| MAKT |
Market Side |
Instruction is for a market side transaction. |
In option F, if Qualifier is BLOC and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| BLCH |
Block Trade Child |
Transaction is a block trade child. |
| BLPA |
Block Trade Parent |
Transaction is a block trade parent. |
In option F, if Qualifier is REST and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| 144A |
Pursuant to 144A |
Ownership or transfer of an unregistered security issued, pursuant to US legal restrictions 144A. |
| NRST |
Not Subject to Restrictions |
Ownership or transfer of a security that is not subject to restrictions. |
| RSTR |
Subject to Restrictions (not pursuant to 144A) |
Ownership or transfer of a security that is subject to restrictions, and not pursuant to 144A. |
In option F, if Qualifier is SETS and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| NSET |
Default Settlement System/Method |
Settle through the default settlement system/method. If there is a standing instruction in place for settlement through the alternate settlement system/method, then this standing instruction is to be ignored. |
| YSET |
Alternate Settlement System/Method |
Settle through the alternate settlement system/method. If there is a standing instruction in place for settlement through the default settlement system/method, then this standing instruction is to be ignored. |
In option F, if Qualifier is NETT and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| NNET |
Not Netting Eligible |
Settlement instruction is not eligible for netting. |
| YNET |
Netting Eligible |
Settlement instruction is eligible for netting. |
In option F, if Qualifier is CCPT and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| NCCP |
Not CCP Eligible |
Settlement instruction is not CCP eligible. |
| YCCP |
CCP Eligible |
Settlement instruction is CCP eligible. |
In option F, if Qualifier is LEOG and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| NLEG |
Letter of Guarantee Not Accepted |
Letter of guarantee is not accepted. If there is a standing instruction in place to accept a letter of guarantee, then this standing instruction is to be ignored. |
| YLEG |
Letter of Guarantee Accepted |
Letter of guarantee is accepted. If there is a standing instruction in place not to accept a letter of guarantee, then this standing instruction is to be ignored. |
In option F, if Qualifier is CAEV and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| ACCU |
Accumulation |
Funds related event in which the income (for example accumulation units) that accrues during an accounting period is retained within the fund instead of being paid away to investors. The retained income is nonetheless deemed to have been distributed to investors for tax purposes. |
| ACTV |
Trading Status: Active |
Trading in the security has commenced or security has been re-activated after a suspension in trading. |
| ATTI |
Attachment |
Combination of different security types to create a unit. Units are usually comprised of warrants and bonds or warrants and equities. Securities may be combined at the request of the security holder or based on market convention. |
| BIDS |
Repurchase Offer/Issuer Bid/Reverse Rights |
Offer to existing holders by the issuing company to repurchase its own securities. The objective of the offer is to reduce the number of outstanding securities. |
| BMET |
Bond Holder Meeting |
Physical meeting of bond holders. |
| BONU |
Bonus Issue/Capitalisation Issue |
Security holders receive additional assets free of payment from the issuer, in proportion to their holding. |
| BPUT |
Put Redemption |
Early redemption of a security at the election of the holder subject to the terms and condition of the issue with no reduction in nominal value. |
| BRUP |
Bankruptcy |
Legal status of a company unable to pay creditors. Bankruptcy involves formal court ruling. Securities may become valueless. |
| CAPD |
Capital Distribution |
The Corporate event pays shareholders an amount in cash issued from the Capital account. There is no reduction to the face value of a single share (or the share has no par value). The number of circulating shares remains unchanged. |
| CAPG |
Capital Gains Distribution |
Distribution of profits resulting from the sale of company assets, for example, Shareholders of Mutual Funds, Unit Trusts, or Sicavs are recipients of capital gains distributions which are often reinvested in additional shares of the fund. |
| CAPI |
Capitalisation |
Increase of the current principal of a debt instrument without increasing the nominal value. It normally arises from the incorporation of due but unpaid interest into the principal. This is commonly done by increasing the pool factor value, for example, capitalisation, and negative amortisation. |
| CERT |
Non-US TEFRA D Certification |
Non-US beneficial owner certification requirement for exchange of temporary to permanent notes. |
| CHAN |
Change |
Information regarding a change further described in the corporate action details. |
| CLSA |
Class Action/Proposed Settlement |
Situation where interested parties seek restitution for financial loss. The security holder may be offered the opportunity to join a class action proceeding and would need to respond with an instruction. |
| CMET |
Court Meeting |
Announcement of a meeting at a Court. |
| CONS |
Consent |
Procedure that aims to obtain consent of holder to a proposal by the issuer or a third party without convening a meeting. For example, consent to change the terms of a bond. |
| CONV |
Conversion |
Conversion of securities (generally convertible bonds or preferred shares) into another form of securities (usually common shares) at a pre-stated price/ratio. |
| COOP |
Company Option |
A Company Option may be granted by the company, allowing the holder to take up shares at some future date(s) at a pre arranged price in the company. A company may not grant options which enable the holder to take up unissued shares at a time which is five or more years from the date of the grant. Option holders are not members of a company. They are contingent creditors of a company and hence may, in some instances, be entitled to vote on and be bound by a scheme of arrangement between the creditors and the company. As many options have multiple exercise periods a company option will either lapse or carry on to the next expiry date. |
| CREV |
Credit Event |
An occurrence of credit derivative for which the issuer of one or several underlying securities is unable to fulfil his financial obligations (as defined in terms and conditions). |
| DECR |
Decrease in Value |
Reduction of face value of a single share or the value of fund assets. The number of circulating shares/units remains unchanged. This event may include a cash payout to holders. |
| DETI |
Detachment |
Separation of components that comprise a security, for example, usually units comprised of warrants and bond or warrants and equity. Units may be broken up at the request of the security holder or based on market convention. |
| DFLT |
Bond Default |
Failure by the company to perform obligations defined as default events under the bond agreement and that have not been remedied. |
| DLST |
Trading Status: Delisted |
Security is no longer able to comply with the listing requirements of a stock exchange and is removed from official board quotation. |
| DRAW |
Drawing |
Securities are redeemed in part before the scheduled final maturity date. It is done without any pool factor reduction. The redemption is reflected in a debit of the face amount (FAMT). Drawing is distinct from partial call since drawn bonds are chosen by lottery. Therefore, not every holder is affected in the same way.
|
| DRCA |
Cash Distribution From Non-Eligible Securities Sales |
Distribution to shareholders of cash resulting from the selling of non-eligible securities, for example, in the frame of a depositary receipt program. |
| DRIP |
Dividend Reinvestment |
Dividend payment where holders can keep cash or have the cash reinvested in the market by the issuer into additional shares in the issuing company. To be distinguished from DVOP as the company invests the dividend in the market rather than creating new share capital in exchange for the dividend. |
| DSCL |
Disclosure |
Requirement for holders or beneficial owners to disclose their name, location and holdings of any issue to the issuer. |
| DTCH |
Dutch Auction, Bid Tender |
An action by a party wishing to acquire a security. Holders of the security are invited to make an offer to sell, within a specific price range. The acquiring party will buy from the holder with lowest offer. |
| DVCA |
Cash Dividend |
Distribution of cash to shareholders, in proportion to their equity holding. Ordinary dividends are recurring and regular. Shareholder must take cash and may be offered a choice of currency. |
| DVOP |
Dividend Option |
Distribution of a dividend to shareholders with a choice of benefit to receive. Shareholders may choose to receive shares or cash. To be distinguished from DRIP as the company creates new share capital in exchange for the dividend rather than investing the dividend in the market. |
| DVSC |
Scrip Dividend/Payment |
Dividend or interest paid in the form of scrip. |
| DVSE |
Stock Dividend |
Dividend paid to shareholders in the form of equities of the issuing corporation. |
| EXOF |
Exchange |
Exchange of holdings for other securities and/or cash. The exchange can be either mandatory or voluntary involving the exchange of outstanding securities for different securities and/or cash. For example "exchange offer", "capital reorganisation" or "funds separation". |
| EXRI |
Call on Intermediate Securities |
Call or exercise on nil paid securities or intermediate securities resulting from an intermediate securities distribution (RHDI). This code is used for the second event, when an intermediate securities' issue (rights/coupons) is composed of two events, the first event being the distribution of intermediate securities. |
| EXTM |
Maturity Extension |
As stipulated in the security's
|
| EXWA |
Warrant Exercise/Warrant Conversion |
Option to buy (call warrant) or to sell (put warrant) a specific amount of equities, cash, commodity, etc, at a predetermined price over a specific period of time. |
| INCR |
Increase in Value |
Increase in the face value of a single security. The number of circulating securities remains unchanged. |
| INFO |
Information |
Information provided by the issuer having no accounting/financial impact on the holder. |
| INTR |
Interest Payment |
Interest payment distributed to holders of an interest bearing asset. |
| LIQU |
Liquidation Dividend/Liquidation Payment |
A distribution of cash, assets or both. Debt may be paid in order of priority based on preferred claims to assets specified by the security. |
| MCAL |
Full Call/Early Redemption |
The redemption of an entire issue outstanding of securities, for example, bonds, preferred equity, funds, by the issuer or its agent, for example, asset manager, before final maturity. |
| MEET |
Annual General Meeting |
Annual general meeting. |
| MRGR |
Merger |
Exchange of outstanding securities, initiated by the issuer which may include options, as the result of two or more companies combining assets, that is, an external, third party company. Cash payments may accompany share exchange. |
| NOOF |
Non-Official Offer |
Offers that are not supervised or regulated by an official entity and being offered by a party, for example a broker, usually at a discount price, for example broker offer, mini-tender, mini odd lot offer or third party offer. |
| ODLT |
Odd Lot Sale/Purchase |
Sale or purchase of odd-lots to/from the issuing company, initiated either by the holder of the security or through an offer made by the issuer. |
| OMET |
Ordinary General Meeting |
Ordinary general meeting. |
| OTHR |
Other Event |
Other event, use only when no other event type applies, for example, a new event type. |
| PARI |
Pari-Passu |
Occurs when securities with different characteristics, for example, shares with different entitlements to dividend or voting rights, become identical in all respects, for example, pari-passu or assimilation. May be scheduled in advance, for example, shares resulting from a bonus may become fungible after a pre-set period of time, or may result from outside events, for example, merger, reorganisation, issue of supplementary tranches, etc. |
| PCAL |
Partial Redemption Without Pool Factor Reduction
|
Securities are redeemed in part before their scheduled final maturity date. It is done without any pool factor
|
| PDEF |
Partial Defeasance/Pre-Funding |
Issuer has money set aside to redeem a portion of an issue and the indenture states that the securities could be called earlier than the stated maturity. |
| PINK |
Pay In Kind |
Interest payment, in any kind except cash, distributed to holders of an interest bearing asset. |
| PLAC |
Place of Incorporation |
Changes in the state of incorporation for US companies and changes in the place of incorporation for foreign companies. Where shares need to be registered following the incorporation change, the holder(s) may have to elect the registrar. |
| PPMT |
Instalment Call |
An instalment towards the purchase of equity capital, subject to an agreement between an issuer and a purchaser. |
| PRED |
Partial Redemption With Pool Factor Reduction
|
Securities are redeemed in part before their scheduled final maturity date |
| PRII |
Interest Payment with Principal |
An event which consists of two components, the decrease of the amortized value of a pool factor security and an interest payment. |
| PRIO |
Priority Issue |
Form of open or public offer where priority is given to existing shareholders due to limited amount of securities available in the offer. Shareholders can buy a type of security during a short period of time. |
| REDM |
Final Maturity |
The redemption of an entire issue outstanding of securities, for example, bonds, preferred equity, funds, by the issuer or its agent, for example, asset manager, at final maturity. |
| REDO |
Redenomination |
Event by which the unit (currency and/or nominal) of a security is restated, for example, nominal/par value of security in a national currency is restated in another currency. |
| REMK |
Remarketing Agreement |
Purchase and sale of remarketed preferred equities/bonds through the negotiation of interest rate between the issuers and the holders. |
| RHDI |
Intermediate Securities Distribution |
The distribution of intermediate securities that gives the holder the right to take part in a future event. |
| RHTS |
Rights Issue/Subscription Rights/Rights Offer |
Offer to holders of a security to subscribe for additional securities via the distribution of an intermediate security. Both processes are included in the same event. |
| SHPR |
Shares Premium Dividend |
This corporate event pays shareholders an amount in cash issued from the shares premium reserve. It is similar to a dividend but with different tax implications. |
| SMAL |
Smallest Negotiable Unit |
Modification of the smallest negotiable unit of shares in order to obtain a new negotiable unit. |
| SOFF |
Spin-Off |
A distribution of securities issued by another company. The distributed securities may either be of a newly created or of an existing company. For example, spin-off, demerger, unbundling, divestment. |
| SPLF |
Stock Split/Change in Nominal Value/Subdivision |
Increase in a corporation's number of outstanding equities without any change in the shareholder's equity or the aggregate market value at the time of the split. Equity price and nominal value are reduced accordingly. |
| SPLR |
Reverse Stock Split/Change in Nominal Value |
Decrease in a company's number of outstanding equities without any change in the shareholder's equity or the aggregate market value at the time of the split. Equity price and nominal value are increased accordingly. |
| SUSP |
Trading Status: Suspended |
Trading in the security has been suspended. |
| TEND |
Tender/Acquisition/Takeover/Purchase Offer |
An offer made to holders by a third party, requesting them to sell (tender) or exchange their securities. |
| TREC |
Tax Reclaim |
Event related to tax reclaim activities. |
| WRTH |
Worthless |
Booking out of valueless securities. |
| WTRC |
Withholding Tax Relief Certification |
Certification process for withholding tax reduction or exemption based on the tax status of the holder. |
| XMET |
Extraordinary or Special General Meeting |
Extraordinary or special general meeting. |
In option F, if Qualifier is SETR and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| BSBK |
Buy Sell Back |
Relates to a buy sell back transaction. |
| BYIY
|
Buy In
|
The transaction relates to a buy-in by the market following a delivery transaction failure.
|
| CLAI |
Market Claim |
Transaction resulting from a market claim. |
| CNCB |
Central Bank Collateral Operation |
Relates to a collateral delivery/receipt to a National Central Bank for central bank credit operations. |
| COLI |
Collateral In |
Relates to a collateral transaction, from the point of view of the collateral taker or its agent. |
| COLO |
Collateral Out |
Relates to a collateral transaction, from the point of view of the collateral giver or its agent. |
| CONV |
DR Conversion |
Relates to a depository receipt conversion. |
| ETFT |
Exchange Traded Funds |
Relates to an exchange traded fund (ETF) creation or redemption. |
| FCTA |
Factor Update |
Relates to a factor update. |
| INSP |
Move of Stock |
Relates to a movement of shares into or out of a pooled account. |
| ISSU |
Issuance |
Relates to the issuance of a security such as an equity or a depository receipt. |
| MKDW |
Mark-Down |
Relates to the decrease of positions held by an ICSD at the common depository due to custody operations (repurchase, pre-release, proceed of corp. event realigned). |
| MKUP |
Mark-Up |
Relates to the increase of positions held by an ICSD at the common depository due to custody operations (repurchase, pre-release, proceed of corporate event realigned). |
| NETT |
Netting |
Relates to the netting of settlement instructions. |
| NSYN |
Non Syndicated |
Relates to the issue of medium and short term paper (CP, CD, MTN, notes ...) under a program and without syndication arrangement. |
| OWNE |
External Account Transfer |
Relates to an account transfer involving more than one instructing party (messages sender) and/or account servicer (messages receiver). |
| OWNI |
Internal Account Transfer |
Relates to an account transfer involving one instructing party (messages sender) at one account servicer (messages receiver). |
| PAIR |
Pair-Off |
Relates to a pair-off: the transaction is paired off and netted against one or more previous transactions. |
| PLAC |
Placement |
Relates to the placement/new issue of a financial instrument. |
| PORT |
Portfolio Move |
Relates to a portfolio move from one investment manager to another and/or from an account servicer to another. It is generally charged differently than another account transfer (OWNE, OWNI, INSP), hence the need to identify this type of transfer as such. |
| PREA |
Pre-Advice |
Transaction is a pre-advice, that is for matching purposes only. |
| REAL |
Realignment |
Relates to a realignment of positions. |
| REDI |
Withdrawal |
Relates to the withdrawal of specified amounts from specified sub-accounts. |
| REDM |
Redemption (Funds) |
Relates to a redemption of Funds (Funds Industry ONLY). |
| RELE |
DR Release/Cancellation |
Relates to a release (into/from local) of Depository Receipt operation. |
| REPU |
Repo |
Relates to a repurchase agreement transaction. |
| RODE |
Return of Delivery Without Matching |
Relates to the return of financial instruments resulting from a rejected delivery without matching operation. |
| RVPO |
Reverse Repo |
Relates to a reverse repurchase agreement transaction. |
| SBBK |
Sell Buy Back |
Relates to a sell buy back transaction. |
| SBRE |
Borrowing Reallocation |
Internal reallocation of a borrowed holding from one safekeeping account to another. |
| SECB |
Securities Borrowing |
Relates to a securities borrowing operation. |
| SECL |
Securities Lending |
Relates to a securities lending operation. |
| SLRE |
Lending Reallocation |
Internal reallocation of a holding on loan from one safekeeping account to another. |
| SUBS |
Subscription (Funds) |
Relates to a subscription to funds (Funds Industry ONLY). |
| SYND |
Syndicate of Underwriters |
Relates to the issue of financial instruments through a syndicate of underwriters and a Lead Manager. |
| TBAC |
TBA Closing |
Relates to a To Be Announced (TBA) closing trade. |
| TRAD |
Trade |
Relates to the settlement of a trade. |
| TRPO |
Triparty Repo |
Relates to a triparty repurchase agreement. |
| TRVO |
Triparty Reverse Repo |
Relates to a triparty reverse repurchase agreement. |
| TURN |
Turnaround |
Relates to a turnaround: the same security is bought and sold to settle the same day, to or from different brokers. |
In option F, if Qualifier is STAM, the Data Source Scheme must be used to indicate the stamp duty type or reason, for example, in the United Kingdom and Ireland (CRST), in South Africa (STRA), etc.
The Qualifier SETR must only be used with code PREA (Preadvice) in communications between CSD/ICSD and their participants.
The use of a specific corporate action event type code is allowed only if this specific event triggers a securities movement as per the Event Interpretation Grid published by the Securities Market Practice Group (SMPG).
The corporate action event indicator code OTHR must only be used in case no other corporate action event code is appropriate.
The corporate action event indicator code CHAN must only be used in case no other corporate action event code is appropriate and only for an event which relates to a change.
The corporate action event indicator code REDM must only be used when the redemption is decided by the issuer and not by the holders.
The conditions of the use of the codes for the qualifiers BENE, CASY, CCPT, BLOC, DBNM, FXCX, LEOG, NETT, REGT, REPT, RTGS, SETS and STCO must be pre-agreed between account owner and account servicer.
The use of settlement transaction type codes CONV, ISSU, REAL, RELE, NETT, NSYN, MKUP, MKDW, SYND is governed by the existence of a bilateral agreement.
For two leg transactions (repo, reverse repo, securities lending, securities borrowing, buy sell back, sell buy back), the status on the opening/initiation leg of the transaction will be provided by sending the below combination of Receive/Delivery Indicator (:22F::REDE) and Type of Settlement Transaction (:22F::SETR):
| Two leg transaction |
Receive/Delivery Indicator |
Type of Settlement Transaction |
|---|---|---|
| Repo opening |
DELI |
REPU |
| Reverse repo opening |
RECE |
RVPO |
| Triparty repo opening |
DELI |
TRPO |
| Triparty reverse repo opening |
RECE |
TRVO |
| Securities lending initiation |
DELI |
SECL |
| Securities borrowing initiation |
RECE |
SECB |
| Sell-buy back: sell |
DELI |
SBBK |
| Buy-sell back: buy |
RECE |
BSBK |
| Collateral (giver) out: initiation |
DELI |
COLO |
| Collateral (taker) in: initiation |
RECE |
COLI |
The status on the closing/return leg of the transaction will be provided by sending the below combination of Receive/Delivery Indicator (:22F::REDE) and Type of Settlement Transaction (:22F::SETR):
| Two leg transaction |
Receive/Delivery Indicator |
Type of Settlement Transaction |
|---|---|---|
| Repo closing |
RECE |
REPU |
| Reverse repo closing |
DELI |
RVPO |
| Triparty repo closing |
RECE |
TRPO |
| Triparty reverse repo closing |
DELI |
TRVO |
| Securities lending return |
RECE |
SECL |
| Securities borrowing return |
DELI |
SECB |
| Sell-buy back: buy back |
RECE |
SBBK |
| Buy-sell back: sell back |
DELI |
BSBK |
| Collateral (giver) out: return |
RECE |
COLO |
| Collateral (taker) in: return |
DELI |
COLI |
