MT513: (5) Field 22F: Indicator: Trade Transaction Type
FORMAT
| Option F | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Indicator) |
PRESENCE
Mandatory in mandatory sequence A
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
TRTR |
N |
|
F |
Trade Transaction Type |
DEFINITION
This qualified generic field specifies:
TRTR |
Trade Transaction Type |
Specifies the type of transaction of which the order is a component. |
CODES
If Data Source Scheme is not present, Indicator must contain one of the following codes:
BASK |
Basket Trade |
Transaction is a single order to buy and sell several financial instruments for the purpose of simultaneous buying and selling. Baskets are often used for a set of 15 or more financial instruments and play a role in arbitrage activity. |
BRKR |
Broker to Broker Trade |
Transaction is a trade from a broker to another broker. |
FUND |
Fund to Fund Trade |
Transaction is a trade from an investment fund to another investment fund. |
INDX |
Index Trade |
Transaction is a single order to buy or sell all underlying financial instruments of an index, for example, S&P500. |
LIST |
List Trade |
Transaction is a trade of a predetermined set of financial instruments. |
PALL |
Pre-Allocation |
Transaction is a pre-allocation. |
PROG |
Program Trade |
Transaction relates to computer-driven automatically executed trades in large volumes of a set of several financial instruments. |
TRAD |
Trade |
Transaction is a regular trade. |
