| ISO20022

MT537: (103) Field 94a: Place

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 subsequence D1a1A1

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	PRIC	N		B	Source of Price
2	O	TRAD	R		B or L	Place of Trade

DEFINITION

This qualified generic field specifies:

PRIC	Source of Price	Source of price quotation.
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 PRIC and Data Source Scheme is not present, Place Code must contain one of the following codes:

FUND	Fund	Source of price quotation is a fund (transfer agent, fund itself, etc.).
LMAR	Local Market	Source of price quotation is the market.
THEO	Theoretical	Source of price quotation is a theoretical value based on the market yield.
VEND	Vendor	Source of price quotation is an external vendor.

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.

NETWORK VALIDATED RULES

Narrative (Format Option B) must not start or end with a slash '/' and must not contain two consecutive slashes '//'.

USAGE RULES

When qualifier is PRIC and Place Code is LMAR, Narrative must specify the Market Identifier Code (MIC).

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).

EXAMPLE

:94B::PRIC//LMAR/XNYS for the New York Stock Exchange.