MT536: (34) Field 94a: Place
FORMAT
| Option B | :4!c/[8c]/4!c[/30x] | (Qualifier)(Data Source Scheme)(Place Code)(Narrative) |
| Option C | :4!c//2!a | (Qualifier)(Country Code) |
| Option F | :4!c//4!c/4!a2!a2!c[3!c] | (Qualifier)(Place Code)(Identifier Code) |
| Option H | :4!c//4!a2!a2!c[3!c] | (Qualifier)(Identifier Code) |
| Option L | :4!c//18!c2!n | (Qualifier)(Legal Entity Identifier) |
PRESENCE
Optional in optional subsequence B1a2
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
CLEA |
R |
C12 |
H or L |
Place of Clearing |
2 |
O |
TRAD |
R |
C12 |
B or L |
Place of Trade |
3 |
O |
SAFE |
R |
C12 |
B, C, F, or L |
Place of Safekeeping |
DEFINITION
This qualified generic field specifies:
CLEA |
Place of Clearing |
Place at which the trade is cleared (Central Counterparty). |
SAFE |
Place of Safekeeping |
Location where the financial instruments are/will be safekept. |
TRAD |
Place of Trade |
Place at which the order was traded, directly by the account owner or not. |
CODES
In option B, if Qualifier is TRAD and Data Source Scheme is not present, Place Code must contain one of the following codes:
EXCH |
Stock Exchange |
Place of trade is a stock exchange. |
OTCO |
Over The Counter |
Place of trade is over the counter. |
PRIM |
Primary Market |
Place of trade is the primary market. |
SECM |
Secondary Market |
Place of trade is the secondary market. |
VARI |
Various |
Trade was executed on various places. |
CODES
In option B, if Qualifier is SAFE and Data Source Scheme is not present, Place Code must contain the following code:
SHHE |
Shares Held Elsewhere |
Used for certain financial instruments, for example, US mutual funds, where settlement is internal only, that is, there is no external movement of securities. |
CODES
In option F, if Qualifier is SAFE, Place Code must contain one of the following codes:
CUST |
Local Custodian |
Financial instruments held at a local custodian. |
ICSD |
International Central Securities Depository |
Financial instruments held at an International Central Securities Depository. |
NCSD |
National Central Securities Depository |
Financial instruments held at a National Central Securities Depository. |
SHHE |
Shares Held Elsewhere |
Used for certain financial instruments, for example, US mutual funds, where settlement is internal only, that is, there is no external movement of securities. |
NETWORK VALIDATED RULES
Country Code must be a valid ISO country code.
Identifier Code must be a registered BIC.
Narrative (Format Option B) must not start or end with a slash '/' and must not contain two consecutive slashes '//'.
USAGE RULES
When qualifier is TRAD and Place Code is OTCO, Narrative, if present, must specify the system. When Place Code is EXCH, Narrative, if present, must specify the Market Identifier Code (MIC).
A cross-exchange netted transaction is to be identified by the combination of Various (Place field :94B::TRAD//VARI) and Netting (Indicator field :22F::SETR//NETT).
EXAMPLE
:94B::TRAD//EXCH/XNYS for the New York Stock Exchange.
