MT514: (28) Field 22F: Indicator: Party Capacity Indicator
FORMAT
| Option F | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Indicator) |
PRESENCE
Optional in mandatory subsequence B1
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
TRCA |
N |
|
F |
Party Capacity Indicator |
DEFINITION
This qualified generic field specifies:
TRCA |
Party Capacity Indicator |
Specifies the role of the party in the transaction. |
CODES
If Data Source Scheme is not present, Indicator must contain one of the following codes:
AGEN |
Trading as Agent |
Party is trading on behalf of his client. |
BAGN |
Acting as Agent for Customer and Other Person |
Party is acting as an agent for both customer and another person. |
CAGN |
Crossing as Agent |
Party is crossing on behalf of his client. |
CPRN |
Crossing as Principal |
Party is crossing for his own account. |
OAGN |
Acting as Agent for Person Other than Customer |
Party is acting as an agent for a person other than a customer. |
PRAG |
Acting as Agent for Some Executions and Principal |
Party is acting as an agent for some executions and principal for others. |
PRIN |
Trading as Principal |
Party is trading for his own account. |
RISP |
Acting as Riskless Principal |
Party is trading as a riskless principal, that is, the order to buy (sell) has been simultaneously offset by an order to sell (buy) with another party. |
