MT502: (16) Field 22F: Indicator
FORMAT
| Option F | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Indicator) |
PRESENCE
Optional in optional subsequence B1
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
PRIC |
N |
|
F |
Type of Price Indicator |
2 |
O |
MPLE |
N |
|
F |
Maximum Price Level Indicator |
DEFINITION
This qualified generic field specifies:
MPLE |
Maximum Price Level Indicator |
Allows an order to specify a maximum number of price levels to trade through. |
PRIC |
Type of Price Indicator |
Specifies the type of transaction price. |
CODES
If Qualifier is PRIC and Data Source Scheme is not present, Indicator must contain one of the following codes:
COMB |
Combined Expenses |
Price is a combined expenses price (used in the UK market). |
GREX |
Gross Execution Price |
Price is an all inclusive price, that is, including all charges, fees and taxes. |
NET1 |
Net Price 1 |
Price is a net price, that is, net of all charges, taxes, or fees. |
NET2 |
Net Price 2 |
Price is a net price, that is, net only of local broker's commission, local fees, or local taxes. |
PARV |
Par Value |
Price is a par value or equal to the nominal or face value of the instrument. |
CODES
If Qualifier is MPLE and Data Source Scheme is not present, Indicator must contain a numerical value in the range 0001 - 9999.
