 Option B |
:4!c/[8c]/4!c |
(Qualifier)(Data Source Scheme)(Reason Code) |
Mandatory in optional subsequence C3a
(Error code(s): T89)
| Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
| 1 |
M |
CAND |
N |
C8 |
B |
Cancellation Reason |
| |
or |
CANP |
N |
C8 |
B |
Pending Cancellation Reason |
| |
or |
CGEN |
N |
C8 |
B |
Generated Reason |
| |
or |
NMAT |
N |
C8 |
B |
Unmatched Reason |
| |
or |
PACK |
N |
C8 |
B |
Acknowledgement Reason |
| |
or |
PEND |
N |
C8 |
B |
Pending Reason |
| |
or |
PENF |
N |
C8 |
B |
Pending/Failing Reason |
| |
or |
PPRC |
N |
C8 |
B |
Pending Processing Reason |
| |
or |
REPR |
N |
C8 |
B |
Repair Reason |
This qualified generic field specifies:
| CAND |
Cancellation Reason |
Specifies the reason why the instruction is cancelled. |
| CANP |
Pending Cancellation Reason |
Specifies the reason why a cancellation request sent for the related instruction is pending. |
| CGEN |
Generated Reason |
Specifies the reason why the transaction was generated. |
| NMAT |
Unmatched Reason |
Specifies the reason why the instruction has an unmatched status. |
| PACK |
Acknowledgement Reason |
Specifies additional information about the processed instruction. |
| PEND |
Pending Reason |
Specifies the reason why the instruction has a pending status. |
| PENF |
Pending/Failing Reason |
Specifies the reason why the instruction has a failing settlement status. |
| PPRC |
Pending Processing Reason |
Specifies the reason why the instruction has a pending processing status. |
| REPR |
Repair Reason |
Specifies the reason why the instruction is in repair. |
If Qualifier is CAND and Data Source Scheme is not present, Reason Code must contain one of the following codes (Error code(s): K24):
| CANI |
Cancelled By Yourselves |
Instruction has been cancelled as per your request. |
| CANS |
Cancelled By System |
Instruction has been cancelled by the settlement system. |
| CSUB |
Cancelled By Agent |
Instruction has been cancelled by the agent. |
| CTHP |
Cancelled By Third Party |
Instruction has been cancelled by a third party. |
| NARR |
Narrative Reason |
See narrative field for reason. |
If Qualifier is CANP and Data Source Scheme is not present, Reason Code must contain one of the following codes (Error code(s): K24):
| ADEA |
Account Servicer Deadline Missed |
Instruction was received after the account servicer's deadline. Processed on best effort basis. |
| CDAC |
Conditional Delivery Cancellation Pending |
Conditional Delivery is still pending awaiting the cancellation from at least another party. |
| CONF |
Awaiting Confirmation |
Awaiting confirmation of cancellation from the counterparty. |
| INBC |
Incomplete Number Count |
Not all the instructions part of a pool have been received. |
| NARR |
Narrative Reason |
See narrative field for reason. |
If Qualifier is CGEN and Data Source Scheme is not present, Reason Code must contain one of the following codes (Error code(s): K24):
| CLAI |
Market Claim |
Transaction has been generated due to a market claim following a corporate action. |
| COLL |
Collateral Management |
Transaction has been generated for collateral management purposes. |
| NARR |
Narrative Reason |
See narrative field for reason. |
| RODE |
Return of Refused Dump |
Transaction has been generated to return a delivery previously instructed. |
| SPLI |
Split/Shaping |
Transaction has been generated to enable settlement following a shortage of position. |
| THRD |
Third Party |
Transaction has been generated by a third party, for example, a central counterparty. |
| TRAN |
Transformation |
Transaction has been generated due to transformation following a corporate action. |
If Qualifier is NMAT and Data Source Scheme is not present, Reason Code must contain one of the following codes (Error code(s): K24):
| ACRU |
Accrued Interest Amount |
Accrued interest amount does not match. |
| ADEA |
Account Servicer Deadline Missed |
Instruction was received after the account servicer's deadline. Processed on best effort basis. |
| CADE |
Disagreement Transaction Call Delay |
Transaction call delay does not match. |
| CLAT |
Counterparty too Late for Matching |
Counterparty's instruction was too late for matching. |
| CMIS |
Matching Instruction Not Found |
A matching instruction from your counterparty could not be found. |
| CPCA |
Counterparty Cancelled Instruction |
Counterparty cancelled their instruction. |
| DCMX |
Disagreement Cum Ex |
Disagreement if trade was executed cum or ex. |
| DDAT |
Disagreement Settlement Date |
Settlement date/time does not match. |
| DDEA |
Disagreement Deal Price |
Deal price does not match. |
| DELN |
Disagreement Direction of Trade |
Direction of the trade does not match. Counterparty expects a delivery from you, not a receipt or vice versa. |
| DEPT |
Disagreement Place of Settlement |
Place of settlement does not match. |
| DMCT |
Disagreement Automatic Generation |
Disagreement on automatic generation of market claim or transformation. |
| DMON |
Disagreement Settlement Amount |
Settlement amount does not match. |
| DQUA |
Disagreement Quantity |
Quantity of financial instrument does not match. |
| DSEC |
Disagreement Security |
Financial instrument identification does not match, for example, ISIN differs, Financial Instrument Attributes differs. |
| DTRA |
Not Recognised |
Counterparty has been contacted or contacted us, and does not recognise the transaction. |
| DTRD |
Disagreement Trade Date |
Trade date does not match. |
| FORF |
Disagreement Forfeit Amount |
Forfeit amount does not match. |
| FRAP |
Disagreement Payment Code |
Payment type does not match: your instruction is free of payment, your counterparty's instruction is against payment or vice versa. |
| ICAG |
Incorrect Agent |
Delivering or receiving agent (counterparty) does not match. |
| ICUS |
Disagreement Receiving or Delivering Custodian |
Delivering or receiving custodian does not match. |
| IEXE |
Incorrect Buyer or Seller |
Buyer (receiver) or seller (deliverer) does not match. |
| IIND |
Disagreement Common Reference |
Common reference does not match. |
| INPS |
Disagreement Place of Safekeeping |
The place of safekeeping information does not allow matching to take place. |
| INVE |
Disagreement Investor Party |
Unrecognised or invalid investor party. May be used by an executing party to reject an instruction for an investor (or portfolio) for which it is not authorised to act. |
| LATE |
Market Deadline Missed |
Instruction was received after market deadline. |
| LEOG |
Disagreement Letter of Guarantee Indicator |
Counterparty is for settlement through Letter of Guarantee (L/G), your instruction is not, or vice versa. |
| MIME |
Missing Market Side Details |
Market side execution details are missing. |
| NARR |
Narrative Reason |
See narrative for details. |
| NCRR |
Disagreement Currency Settlement Amount |
Settlement amount currency does not match. |
| NMAS |
No Matching Started |
Matching process has not yet started. |
| PHYS |
Disagreement Physical Settlement |
Counterparty's instruction is physical settlement, your instruction is not, or vice versa. |
| PLCE |
Disagreement Place of Trade |
Place of trade does not match. |
| PLIS |
Disagreement Place of Listing |
Unrecognised or invalid place of listing. Used when the security identified is not listed on the market supplied. |
| PODU |
Possible Duplicate Instruction |
Instruction has not been matched. It is a possible duplicate instruction. |
| REGD |
Disagreement Registration Details |
Registration details linked to the transaction are incorrect. |
| REPA |
Disagreement Termination Transaction Amount |
Termination transaction amount does not match. |
| REPO |
Disagreement Repurchase Rate |
Repurchase rate does not match. |
| REPP |
Disagreement Premium Amount |
Premium amount does not match. |
| RERT |
Disagreement Repurchase Rate Type |
Repurchase rate type does not match. |
| RTGS |
Disagreement RTGS System |
Counterparty is for Real Time Gross Settlement (RTGS) system, you are for non-RTGS or vice versa. |
| SAFE |
Disagreement Safekeeping Account |
Safekeeping account used as matching criteria on the market concerned does not match. This includes Buyer/seller's account, direct client's account at the receiving/delivering agent, or receiving/delivering agent's account at the CSD. |
| SETR |
Disagreement Settlement Transaction |
Settlement transaction type does not match (relates to the settlement transaction type codes available for sequence E field 22F, qualifier SETR). |
| SETS |
Disagreement Settlement System/Method |
Settlement system/method does not match (for example, instruction is to settle using settlement system/method A. Counterparty expects settlement to occur using settlement system/method B). |
| TERM |
Disagreement Closing Date/Time |
Closing date/time does not match (repo). |
| TXST |
Disagreement Tax Status |
Disagreement on the tax status of the financial instruments to be settled. |
| UNBR |
Unmatched Market Side Details |
Market side trade is unmatched. |
| VASU |
Disagreement Variable Rate Support |
Variable rate support does not match. |
If Qualifier is PACK and Data Source Scheme is not present, Reason Code must contain one of the following codes (Error code(s): K24):
| ADEA |
Account Servicer Deadline Missed |
Instruction was received after the account servicer's deadline. Processed on best effort basis. |
| NARR |
Narrative Reason |
See narrative field for reason. |
| SMPG |
Market Practice Rule Discrepancy |
Instruction is accepted but does not comply with the market practice rule published for the concerned market or process. |
If Qualifier is PEND and Data Source Scheme is not present, Reason Code must contain one of the following codes (Error code(s): K24):
| ADEA |
Account Servicer Deadline Missed |
Instruction was received after the account servicer's deadline. Processed on best effort basis. |
| AWMO |
Awaiting Money |
Financial instruments are delivered, but still awaiting money from the counterparty. |
| AWSH |
Awaiting Securities from Counterparty |
Financial instruments have not yet been received from the counterparty. |
| BATC |
Processing Batch Difference |
Processing batch differs in the counterparty's instruction, for example, daytime/real-time versus overnight. |
| BENO |
Beneficial Ownership Disagreement |
Disagreement in beneficial ownership. |
| BLOC |
Account Blocked |
Your account is blocked, no instruction can settle over the account. |
| BOTH |
Both Instructions on Hold |
Counterparty's instruction and your instruction are on hold/frozen/in a preadvice mode. |
| CAIS |
Awaiting Securities |
Awaiting financial instruments from a corporate action issue or other procedure, for example, conversion, dematerialisation, exchange, registration, stamping, splitting. |
| CDLR |
Conditional Delivery Awaiting Release |
Instruction is in a hold/frozen/preadvice mode - infrastructure platform is awaiting release. |
| CERT |
Wrong Certificate Numbers |
Certificate number error. |
| CHAS |
Enquiry Sent |
A chaser/enquiry has been sent. |
| CLAC |
Counterparty Insufficient Securities |
Insufficient deliverable financial instruments in counterparty's account or counterparty does not hold financial instruments. |
| CLHT |
Clearing House Trade |
Instructed settlement date does not agree with the settlement date on the Clearing House trade, that is, a specific type of trade in India. |
| CMON |
Counterparty Insufficient Money |
Insufficient money in counterparty's account. |
| COLL |
Securities Pledged as Collateral |
Financial instruments are not deliverable as they are pledged as collateral. |
| CPEC |
Counterparty In Receivership |
Counterparty is in receivership (form of bankruptcy where a court appointed person, the receiver, manages the affairs of the business). |
| CSDH |
CSD Hold |
Central securities depository has set the instruction in a hold/frozen/preadvice mode. |
| CVAL |
CSD Validation |
Instruction is in a hold/frozen/preadvice mode as it fulfils predefined conditions of a restriction processing type in the market infrastructure platform. |
| CYCL |
Awaiting Next Settlement Cycle |
Instruction is confirmed in the local market or is ready for settlement, awaiting next settlement cycle. |
| DENO |
Unavailable Deliverable Denominated Quantity |
Quantity instructed does not match the denomination available/deliverable. Physical securities need to be obtained in deliverable denominated quantities. |
| DEPO |
Refused Deposit for Issue of Depositary Receipts |
Deposit of shares for the issuing of depositary receipts has been refused. The allotment for depositary receipts granted by the issuer is exceeded by your transaction. |
| DISA |
Natural Disaster |
Exceptional closing of all financial institutions due to natural disaster, for example, earthquake. |
| DKNY |
Counterparty Returned Shares |
Counterparty has returned or refuses the securities. |
| DOCC |
Awaiting Documents/Registration Instruction/Endorsements from Counterparty |
Awaiting documents, registration instruction or endorsements from counterparty. |
| DOCY |
Awaiting Documents/Registration Instruction/Endorsements from You |
Awaiting documents, registration instruction or endorsements from you. |
| FLIM |
Maximum Foreign Limit Reached |
Insufficient deliverable financial instruments in your account as maximum foreign limit has been reached. |
| FROZ |
Securities Frozen At CSD |
Financial instruments are blocked at the CSD following a corporate event. |
| FUTU |
Awaiting Settlement Date |
Awaiting settlement date. No settlement problems to be reported. |
| GLOB |
Global Form Securities |
Settlement cannot be executed; financial instruments are in global form. |
| IAAD |
Status Reason Investigation |
Pending reason being investigated. |
| INBC |
Incomplete Number Count |
Not all the instructions part of a pool have been received. |
| INCA |
Income Adjustment Required |
Financial instruments require income adjustment, for example, dividend or interest. |
| LAAW |
Awaiting Other Transaction |
Awaiting settlement of a purchase to cover failing positions. |
| LACK |
Lack of Securities |
Insufficient financial instruments in your account. |
| LALO |
Securities are Loaned Out |
Financial instruments are out on loan. |
| LATE |
Market Deadline Missed |
Instruction was received after market deadline. |
| LINK |
Pending Linked Instruction |
Your instruction is pending settlement because the instruction linked to it is pending. |
| LIQU |
Insufficient Central Bank Liquidity |
Central Bank Liquidity is insufficient. |
| MINO |
Minimum Settlement Quantity |
Quantity instructed is lower than the minimum existing settlement quantity for the financial instrument. |
| MONY |
Insufficient Money |
Insufficient money in your account and/or credit line is insufficient. |
| MUNO |
Multiple Settlement Quantity |
Quantity instructed is not a multiple of an existing settlement quantity lot for the financial instrument. |
| NARR |
Narrative Reason |
See narrative field for reason. |
| NCON |
Confirmation Not Received |
Confirmation of settlement has not yet been received. |
| NEWI |
New Issues |
Financial instrument is a new issue and not yet available/tradable. |
| NMAS |
No Matching Required |
Instruction has not been matched; matching process is not required. |
| NOFX |
No Foreign Exchange Instruction |
A foreign exchange instruction from you is missing. |
| PART |
Trade Settles in Partials |
Trade will settle in partials. |
| PHCK |
Physical Securities in Verification Process |
Physical financial instruments have been received and are being checked for authenticity. |
| PHSE |
Physical Delivery Delay |
Settlement is physical. Financial instruments are being delivered. |
| PRCY |
Counterparty Instruction on Hold |
Counterparty's instruction is on hold/frozen/in a preadvice mode. |
| PREA |
Your Instruction on Hold |
Your instruction is on hold/frozen/in a preadvice mode. |
| PRSY |
On Hold by System |
The transaction was put on hold by the system. |
| REFS |
Not In Good Order |
Delivery/receipt was refused because physical financial instruments are not in good order. |
| REFU |
Instruction Refused/Not Recognised |
Instruction has been refused or not recognised and is represented automatically. |
| REGT |
Certificates Rejected |
Certificates have been lodged with the registrar but rejected due to incomplete documentation or foreign ownership limitation reached. |
| SBLO |
Securities Blocked |
Financial instruments are blocked due to a corporate action event, realignment, etc. |
| SDUT |
Lack of Stamp Duty Information |
Stamp duty information is missing. |
| SETS |
Settlement System/Method Modified |
Settlement system/method has been modified at CSD to allow settlement. |
| TAMM |
Trade Amended in Market |
Trade is being amended in the market. |
| YCOL |
Collateral Shortage |
Insufficient collateral in your account to execute the instruction. |
If Qualifier is PENF and Data Source Scheme is not present, Reason Code must contain one of the following codes (Error code(s): K24):
| ADEA |
Account Servicer Deadline Missed |
Instruction was received after the account servicer's deadline. Processed on best effort basis. |
| AWMO |
Awaiting Money |
Financial instruments are delivered, but still awaiting money from the counterparty. |
| AWSH |
Awaiting Securities from Counterparty |
Financial instruments have not yet been received from the counterparty (if receive against payment), the money has been delivered. |
| BATC |
Processing Batch Difference |
Processing batch differs in the counterparty's instruction, for example, daytime/real-time versus overnight. |
| BENO |
Beneficial Ownership Disagreement |
Disagreement in beneficial ownership. |
| BLOC |
Account Blocked |
Your account is blocked, no instruction can settle over the account. |
| BOTH |
Both Instructions on Hold |
Counterparty's instruction and your instruction are on hold/frozen/in a preadvice mode. |
| BYIY |
Buy-in Procedure |
A buy-in procedure has started on the market (on your behalf if your instruction is a receipt, by the counterparty if your instruction is a delivery). |
| CAIS |
Awaiting Securities |
Awaiting financial instruments from a corporate action issue or other procedure, for example, conversion, dematerialisation, exchange, registration, stamping, splitting. |
| CANR |
Cancellation/Confirmation Request |
A cancellation or confirmation of instruction is required. |
| CDLR |
Conditional Delivery Awaiting Release |
Instruction is in a hold/frozen/preadvice mode - infrastructure platform is awaiting release. |
| CERT |
Wrong Certificate Numbers |
Certificate number error. |
| CHAS |
Enquiry Sent |
A chaser/enquiry has been sent. |
| CLAC |
Counterparty Insufficient Securities |
Insufficient deliverable financial instruments in counterparty's account or counterparty does not hold financial instruments. |
| CLAT |
Counterparty too Late for Settlement |
Counterparty's instruction was too late for settlement (that is received too late, matching or settlement problems solved too late). |
| CLHT |
Clearing House Trade |
Instructed settlement date does not agree with the settlement date on the Clearing House trade, that is, a specific type of trade in India. |
| CMON |
Counterparty Insufficient Money |
Insufficient money in counterparty's account. |
| COLL |
Securities Pledged as Collateral |
Financial instruments are not deliverable as they are pledged as collateral. |
| CPEC |
Counterparty In Receivership |
Counterparty is in receivership (form of bankruptcy where a court appointed person, the receiver, manages the affairs of the business). |
| CSDH |
CSD Hold |
Central securities depository has set the instruction in a hold/frozen/preadvice mode. |
| CVAL |
CSD Validation |
Instruction is in a hold/frozen/preadvice mode as it fulfils predefined conditions of a restriction processing type in the market infrastructure platform. |
| CYCL |
Awaiting Next Settlement Cycle |
Instruction is confirmed in the local market or is ready for settlement, awaiting next settlement cycle. |
| DENO |
Unavailable Deliverable Denominated Quantity |
Quantity instructed does not match the denomination available/deliverable. Physical financial instruments need to be obtained in deliverable denominated quantities. |
| DEPO |
Refused Deposit for Issue of Depositary Receipts |
Deposit of shares for the issuing of depositary receipts has been refused. The allotment granted by the issuer is exceeded by your transaction. |
| DISA |
Natural Disaster |
Exceptional closing of all financial institutions due to natural disaster, for example, typhoon, flooding, earthquake, hurricane. |
| DKNY |
Counterparty Returned Shares |
Counterparty has returned or refused the financial instruments. |
| DOCC |
Awaiting Documents/Registration Instruction/Endorsements from Counterparty |
Awaiting documents, registration instruction or endorsements from counterparty. |
| DOCY |
Awaiting Documents/Registration Instruction/Endorsements from You |
Awaiting documents, registration instruction or endorsements from you. |
| FLIM |
Maximum Foreign Limit Reached |
Insufficient deliverable financial instruments in your account as maximum foreign limit has been reached. |
| FROZ |
Securities Frozen At CSD |
Financial instruments are blocked at the CSD following a corporate event. |
| GLOB |
Global Form Securities |
Settlement cannot be executed; financial instruments are in global form. |
| IAAD |
Status Reason Investigation |
Failing reason being investigated. |
| INBC |
Incomplete Number Count |
Not all the instructions part of a pool have been received. |
| INCA |
Income Adjustment Required |
Financial instruments require income adjustment, for example, dividend or interest. |
| LAAW |
Awaiting Other Transaction |
Awaiting settlement of a purchase to cover failing positions. |
| LACK |
Lack of Securities |
Insufficient deliverable financial instruments in your account. |
| LALO |
Securities are Loaned Out |
Financial instruments are out on loan. |
| LATE |
Market Deadline Missed |
Instruction was received after market deadline. |
| LINK |
Pending Linked Instruction |
A linked instruction is pending/failing. |
| LIQU |
Insufficient Central Bank Liquidity |
Central Bank Liquidity is insufficient. |
| MINO |
Minimum Settlement Quantity |
Quantity instructed is lower than the minimum existing settlement quantity for the financial instrument. |
| MLAT |
Money/Securities too Late for Settlement |
Covering money/financial instruments were received too late for completing settlement on a same day basis. |
| MONY |
Insufficient Money |
Insufficient money in your account and/or credit line is insufficient. |
| MUNO |
Multiple Settlement Quantity |
Quantity instructed is not a multiple of an existing settlement quantity lot for the financial instrument. |
| NARR |
Narrative Reason |
See narrative field for reason. |
| NCON |
Confirmation Not Received |
Confirmation of settlement has not yet been received. |
| NEWI |
New Issues |
Financial instrument is a new issue and not yet available/tradable. |
| NOFX |
No Foreign Exchange Instruction |
A foreign exchange instruction from you is missing. |
| OBJT |
Under Objection |
Financial instruments are stolen, in dispute, under objection etc. |
| PART |
Trade Settles in Partials |
Trade will settle in partials. |
| PHCK |
Physical Securities in Verification Process |
Physical financial instruments have been received and are being checked for authenticity. |
| PHSE |
Physical Delivery Delay |
Settlement is physical. Financial instruments are being delivered. |
| PRCY |
Counterparty Instruction on Hold |
Counterparty's instruction is on hold/frozen/in a preadvice mode. |
| PREA |
Your Instruction on Hold |
Your instruction is on hold/frozen/in a preadvice mode. |
| PRSY |
On Hold by System |
The transaction was put on hold by the system. |
| REFS |
Not In Good Order |
Delivery/receipt was refused because physical financial instruments are not in good order. |
| REGT |
Certificates Rejected |
Certificates have been lodged with the registrar but rejected due to incomplete documentation or foreign ownership limitation reached. |
| SBLO |
Securities Blocked |
Financial instruments are blocked due to a corporate action event, realignment, etc. |
| SDUT |
Lack of Stamp Duty Information |
Stamp duty information is missing. |
| SETS |
Settlement System/Method Modified |
Settlement system/method has been modified at CSD to allow settlement. |
| STCD |
Confirmation Discrepancy |
Discrepancy in the settlement confirmation. |
| YCOL |
Collateral Shortage |
Insufficient collateral in your account to execute the instruction. |
If Qualifier is PPRC and Data Source Scheme is not present, Reason Code must contain one of the following codes (Error code(s): K24):
| ADEA |
Account Servicer Deadline Missed |
Instruction was received after the account servicer's deadline. Processed on best effort basis. |
| BLOC |
Account Blocked |
Your account is blocked, no instruction can settle over the account. |
| CAIS |
Awaiting Securities |
Awaiting securities from a corporate action issue or other procedure, for example, conversion, dematerialisation, exchange, registration, stamping, splitting. |
| CERT |
Wrong Certificate Numbers |
Certificate number error. |
| COLL |
Securities Pledged as Collateral |
Securities are not deliverable as they are pledged as collateral. |
| DENO |
Unavailable Deliverable Denominated Quantity |
Quantity instructed does not match the denomination available/deliverable. Physical securities need to be obtained in deliverable denominated quantities. |
| DOCY |
Awaiting Documents/Registration Instruction/Endorsements from You |
Awaiting documents, registration instruction or endorsements from you. |
| FLIM |
Maximum Foreign Limit Reached |
Insufficient deliverable financial instruments in your account as maximum foreign limit has been reached. |
| GLOB |
Global Form Securities |
Settlement cannot be executed; financial instruments are in global form. |
| LACK |
Lack of Securities |
Insufficient financial instruments in your account. |
| LALO |
Securities are Loaned Out |
Financial instruments are out on loan. |
| LIQU |
Insufficient Central Bank Liquidity |
Central Bank Liquidity is insufficient. |
| MINO |
Minimum Settlement Quantity |
Quantity instructed is lower than the minimum existing settlement quantity for the financial instrument. |
| MONY |
Insufficient Money |
Insufficient money in your account and/or credit line is insufficient. |
| MUNO |
Multiple Settlement Quantity |
Quantity instructed is not a multiple of an existing settlement quantity lot for the financial instrument. |
| NARR |
Narrative Reason |
See narrative field for reason. |
| NEXT |
Next Process |
Next Process is launched. No processing pending problems to be reported. |
| NOFX |
No Foreign Exchange Instruction |
A foreign exchange instruction from you is missing. |
| YCOL |
Collateral Shortage |
Insufficient collateral in your account to execute the instruction. |
If Qualifier is REPR and Data Source Scheme is not present, Reason Code must contain one of the following codes (Error code(s): K24):
| BATC |
Processing Batch Repair |
Unrecognised or invalid processing batch, that is, daytime/real-time while only possible to settle in overnight batch. |
| CADE |
Transaction Call Delay Repair |
Unrecognised or invalid transaction call delay. |
| CAEV |
Corporate Action Repair |
Corporate action pending on the financial instrument instructed. |
| CASH |
Cash Account Repair |
Unrecognised or invalid cash account. |
| CASY |
Impossible Cash Settlement System |
Impossible standing arrangements override instruction for the cash settlement system. |
| DDAT |
Settlement Date Repair |
Unrecognised or invalid settlement date. |
| DDEA |
Deal Price Repair |
Unrecognised or invalid deal price. |
| DEPT |
Place of Settlement Repair |
Unrecognised or invalid Place of Settlement. |
| DMON |
Settlement Amount Repair |
Unrecognised or invalid settlement amount. |
| DQUA |
Quantity Repair |
Unrecognised or invalid settlement quantity. |
| DSEC |
Security Repair |
Unrecognised or invalid financial instrument identification. |
| DTRD |
Trade Date Repair |
Unrecognised or invalid trade date. |
| ICAG |
Agent Repair |
Unrecognised or invalid receiving or delivering agent. |
| ICUS |
Receiving or Delivering Custodian Repair |
Unrecognised or invalid receiving or delivering custodian. |
| IEXE |
Buyer or Seller Repair |
Unrecognised or invalid buyer or seller. |
| IIND |
Common Reference Repair |
Unrecognised, invalid or missing Common Reference. |
| INPS |
Place of Safekeeping Repair |
Unrecognised, invalid or missing Place of Safekeeping. |
| LEOG |
Letter of Guarantee Indicator Repair |
Unrecognised or invalid letter of guarantee indicator instructed. |
| MINO |
Minimum Settlement Quantity Repair |
Quantity instructed is lower than the minimum existing settlement quantity for the financial instrument. |
| MUNO |
Multiple Settlement Quantity Repair |
Quantity instructed is not a multiple of an existing settlement quantity lot for the financial instrument. |
| NARR |
Narrative Reason |
See narrative field for reason. |
| NCRR |
Settlement Amount Currency Repair |
Unrecognised or invalid settlement amount currency. |
| PHYS |
Physical Settlement Impossible |
Physical settlement is impossible for the instructed financial instrument. |
| PLCE |
Place of Trade Repair |
Unrecognised or invalid place of trade. |
| REFE |
Reference Repair |
Instruction has a reference identical to another previously received instruction. |
| REPA |
Termination Transaction Amount Repair |
Unrecognised or invalid termination transaction amount. |
| REPO |
Repurchase Rate Repair |
Unrecognised or invalid repurchase rate. |
| REPP |
Premium Amount Repair |
Unrecognised or invalid premium amount. |
| RTGS |
Impossible to use the RTGS system instructed |
Impossible to use the RTGS system instructed (NRTG or YRTG). |
| SAFE |
Safekeeping Account Repair |
Unrecognised or invalid message sender's safekeeping account. |
| SDUT |
Lack of Stamp Duty Information |
Required stamp duty information is missing. |
| SETR |
Settlement Transaction Repair |
Unrecognised or invalid settlement transaction type (relates to the settlement transaction type codes available for sequence E field 22F, qualifier SETR). |
| SETS |
Settlement System/Method Repair |
Unrecognised or invalid settlement system/method instructed. |
| TERM |
Closing Date/Time Repair |
Unrecognised or invalid closing date/time. |
| TXST |
Tax Status Repair |
Unrecognised or invalid tax status of the securities instructed. |
Using of a settlement status/reason alone means that the transaction is matched (if a matching process exists in the concerned market or at the concerned account servicer).
A pending transaction (PEND) becomes a failing transaction (PENF) on the settlement date instructed in the message, during the end of day reporting.
