MT515: (17) Field 94a: Place: Place of Trade
FORMAT
| Option B | :4!c/[8c]/4!c[/30x] | (Qualifier)(Data Source Scheme)(Place Code)(Narrative) |
| Option L | :4!c//18!c2!n | (Qualifier)(Legal Entity Identifier) |
PRESENCE
Optional in optional sequence B
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
TRAD |
R |
C11 |
B or L |
Place of Trade |
DEFINITION
This qualified generic field specifies:
TRAD |
Place of Trade |
Place at which the partial trade is to be/was executed. |
CODES
In option B, if Data Source Scheme is not present, Place Code must contain one of the following codes:
EXCH |
Stock Exchange |
Trade was executed on a stock exchange. |
OTCO |
Over The Counter |
Trade was executed over-the-counter. |
PRIM |
Primary Market |
Trade was executed on a primary market. |
SECM |
Secondary Market |
Trade was executed on a secondary market. |
VARI |
Various |
Trade was executed on various places. |
NETWORK VALIDATED RULES
Narrative must not start or end with a slash '/' and must not contain two consecutive slashes '//'.
USAGE RULES
When Place Code is OTCO, Narrative, if present, must specify the system, for example, OTCO/TELEKURS. When Place Code is EXCH, Narrative, if present, must specify the Market Identifier Code (MIC), for example, EXCH/XNYS for the New York Stock Exchange.
