BOLE

Borrowing/Lending Activity

Transaction relates to lending/borrowing.

CLAI

Market Claim

Transaction relates to a market claim following a corporate action.

COLL

Collateral Activity

Transaction relates to collateral.

CORP

Corporate Action Activity

Transaction relates to corporate action.

SETT

Settlement and Clearing Activity

Transaction relates to settlement and clearing.

DELI

Deliver

Financial Instruments will be debited from the safekeeping account.

RECE

Receive

Financial Instruments will be credited to the safekeeping account.

APMT

Against Payment

Against payment.

FREE

Free

Free of payment.

ASGN

Assignment

Transfer ownership of the asset to another party.

BPSS

Partial Successful Buy-In

Identification of settlement instructions created as a result of a partial successful buy-in.

BUTC

Buy to Cover

Settlement transaction is a buy to cover.

CLEN

Clean

Tax-exempt financial instruments are to be settled.

DIRT

Dirty

Taxable financial instruments are to be settled.

DLWM

Delivery Without Matching

Matching receipt instruction not required (only for concerned ICSD and CSD).

DRAW

Drawn

Settlement transactions relates to drawn securities.

EXER

Exercised

Settlement transaction relates to options, futures or derivatives that are exercised.

EXPI

Expired

Settlement transaction relates to options, futures or derivatives that have expired.

FRCL

Free Clean Settlement

Delivery will be made free of payment but a clean payment order will be sent.

INTS

Internalised Settlement

The instruction was settled by the settlement internaliser/account servicer (for example, custodian) in its own books and not through a securities settlement system (for example, CSD system).

KNOC

Knocked Out

Settlement transaction relates to options, futures or derivatives that are expired worthless.

NACT

Not Accounting Related

Security transaction is not for accounting.

NOMC

No Automatic Market Claim

No market claim should be automatically generated.

NPAR

No Partial Settlement Allowed

Partial settlement is not allowed.

PART

Partial Settlement

Partial settlement is allowed.

PENS

Pending Sale

Accounting information that the position to cover the pending sale will be available by contractual settlement date.

PHYS

Physical

Securities are to be physically settled.

RESI

CSD Payment Only

Relates to transaction on a security that is not eligible at the Central Securities Depository (CSD) but for which the payment will be enacted by the CSD.

RHYP

Re-hypothecation

Collateral position is available for other purposes (for example, onwards delivery).

RPTO

Reporting

Relates to a transaction that is for reporting purposes only.

SHOR

Short Sale Indicator

Settlement transaction will create a short position.

SPDL

Special Delivery

Settlement transactions to be settled with special delivery.

SPST

Split Settlement

Money and financial instruments settle in different locations.

TRAN

Transformation

Transaction resulting from a transformation.

UNEX

Unexposed

Delivery cannot be performed until money is received.

CUST

Settling as a Custodian

Settlement party is a custodian. It receives/delivers the securities and carries out custodial duties.

RISP

Settling as Riskless Principal

Party settles trades that were simultaneously offset.

SAGE

Settling as an Agent

Party settles trades on behalf of his client for which he also traded.

SPRI

Settling as a Principal

Party settles its own trades.

NRTG

Non-RTGS

Settle through the non-RTGS system. If there is a standing instruction in place for settlement through the RTGS instruction, then this standing instruction is to be ignored.

YRTG

RTGS

Settle through the RTGS system. If there is a standing instruction in place for settlement through the non-RTGS system, then this standing instruction is to be ignored.

NREG

Street Name

Hold the securities in street name. If there is a standing instruction in place to register on receipt, then this standing instruction is to be ignored.

YREG

Register

Register on receipt. If there is a standing instruction in place to hold the securities in street name, then this standing instruction is to be ignored.

NBEN

NCBO

No Change of Beneficial Ownership (NCBO). If a standing instruction is in place for change of beneficial ownership (CBO), then this standing instruction is to be ignored.

YBEN

CBO

Change of Beneficial Ownership (CBO). If a standing instruction is in place for no change of beneficial ownership (NCBO), then this standing instruction is to be ignored.

GROS

Gross Settlement System

Settle money through gross settlement system.

NETS

Net Settlement System

Settle money through net settlement system.

AGEN

Agent

Acting as an agent for tax liability.

PRIN

Principal

Acting as a principal for tax liability.

CADJ

Swap/Substitution

Relates to a repo collateral substitution.

CALL

Repo Call

Relates to the early closing/maturity date for a term repo or the termination date of an open repo with underlying collateral.

PADJ

Principal/Exposure Adjustment

Relates to a principal adjustment.

PAIR

Pair-Off

Relates to a repo that is part of a pair-off.

RATE

Repo Rate

Relates to a change in the repo rate.

ROLP

Repo Contract Rollover

Relates to a repo rollover of a contract extending the closing or maturity date without impacting underlying collateral.

TOPU

Top-Up

Relates to a cover of securities position due to deficit of collateral following mark to market valuation.

WTHD

Withdrawal

Relates to a return of securities position due to excess of collateral following mark to market valuation.

CLNT

Client Side

Instruction is for a client side transaction.

MAKT

Market Side

Instruction is for a market side transaction.

BLCH

Block Trade Child

Transaction is a block trade child.

BLPA

Block Trade Parent

Transaction is a block trade parent.

144A

Pursuant to 144A

Ownership or transfer of an unregistered security issued, pursuant to US legal restrictions 144A.

NRST

Not Subject to Restrictions

Ownership or transfer of a security that is not subject to restrictions.

RSTR

Subject to Restrictions (not pursuant to 144A)

Ownership or transfer of a security that is subject to restrictions, and not pursuant to 144A.

NSET

Default Settlement System/Method

Settle through the default settlement system/method. If there is a standing instruction in place for settlement through the alternate settlement system/method, then this standing instruction is to be ignored.

YSET

Alternate Settlement System/Method

Settle through the alternate settlement system/method. If there is a standing instruction in place for settlement through the default settlement system/method, then this standing instruction is to be ignored.

NNET

Not Netting Eligible

Settlement instruction is not eligible for netting.

YNET

Netting Eligible

Settlement instruction is eligible for netting.

NCCP

Not CCP Eligible

Settlement instruction is not CCP eligible.

YCCP

CCP Eligible

Settlement instruction is CCP eligible.

NLEG

Letter of Guarantee Not Accepted

Letter of guarantee is not accepted. If there is a standing instruction in place to accept a letter of guarantee, then this standing instruction is to be ignored.

YLEG

Letter of Guarantee Accepted

Letter of guarantee is accepted. If there is a standing instruction in place not to accept a letter of guarantee, then this standing instruction is to be ignored.

ACCU

Accumulation

Funds related event in which the income (for example accumulation units) that accrues during an accounting period is retained within the fund instead of being paid away to investors. The retained income is nonetheless deemed to have been distributed to investors for tax purposes.

ACTV

Trading Status: Active

Trading in the security has commenced or security has been re-activated after a suspension in trading.

ATTI

Attachment

Combination of different security types to create a unit. Units are usually comprised of warrants and bonds or warrants and equities. Securities may be combined at the request of the security holder or based on market convention.

BIDS

Repurchase Offer/Issuer Bid/Reverse Rights

Offer to existing holders by the issuing company to repurchase its own securities. The objective of the offer is to reduce the number of outstanding securities.

BMET

Bond Holder Meeting

Physical meeting of bond holders.

BONU

Bonus Issue/Capitalisation Issue

Security holders receive additional assets free of payment from the issuer, in proportion to their holding.

BPUT

Put Redemption

Early redemption of a security at the election of the holder subject to the terms and condition of the issue with no reduction in nominal value.

BRUP

Bankruptcy

Legal status of a company unable to pay creditors. Bankruptcy involves formal court ruling. Securities may become valueless.

CAPD

Capital Distribution

The corporate event pays shareholders an amount in cash issued from the capital account. There is no reduction to the face value of a single share (or the share has no par value). The number of circulating shares remains unchanged.

CAPG

Capital Gains Distribution

Distribution of profits resulting from the sale of company assets, for example, Shareholders of Mutual Funds, Unit Trusts, or Sicavs are recipients of capital gains distributions which are often reinvested in additional shares of the fund.

CAPI

Capitalisation

Increase of the current principal of a debt instrument without increasing the nominal value. It normally arises from the incorporation of due but unpaid interest into the principal. This is commonly done by increasing the pool factor value, for example, capitalisation, and negative amortisation.

CERT

Non-US TEFRA D Certification

Non-US beneficial owner certification requirement for exchange of temporary to permanent notes.

CHAN

Change

Information regarding a change further described in the corporate action details.

CLSA

Class Action/Proposed Settlement

Situation where interested parties seek restitution for financial loss. The security holder may be offered the opportunity to join a class action proceeding and would need to respond with an instruction.

CMET

Court Meeting

Announcement of a meeting at a Court.

CONS

Consent

Procedure that aims to obtain consent of holder to a proposal by the issuer or a third party without convening a meeting. For example, consent to change the terms of a bond.

CONV

Conversion

Conversion of securities (generally convertible bonds or preferred shares) into another form of securities (usually common shares) at a pre-stated price/ratio.

COOP

Company Option

A company option may be granted by the company, allowing the holder to take up shares at some future date(s) at a pre arranged price in the company. A company may not grant options which enable the holder to take up unissued shares at a time which is five or more years from the date of the grant. Option holders are not members of a company. They are contingent creditors of a company and hence may, in some instances, be entitled to vote on and be bound by a scheme of arrangement between the creditors and the company. As many options have multiple exercise periods a company option will either lapse or carry on to the next expiry date.

CREV

Credit Event

An occurrence of credit derivative for which the issuer of one or several underlying securities is unable to fulfil its financial obligations (as defined in terms and conditions).

DECR

Decrease in Value

Reduction of face value of a single share or the value of fund assets. The number of circulating shares/units remains unchanged. This event may include a cash payout to holders.

DETI

Detachment

Separation of components that comprise a security, for example, usually units comprised of warrants and bond or warrants and equity. Units may be broken up at the request of the security holder or based on market convention.

DFLT

Bond Default

Failure by the company to perform obligations defined as default events under the bond agreement and that have not been remedied.

DLST

Trading Status: Delisted

Security is no longer able to comply with the listing requirements of a stock exchange and is removed from official board quotation.

DRAW

Drawing

Securities are redeemed in part before the scheduled final maturity date. It is done without any pool factor reduction. The redemption is reflected in a debit of the face amount (FAMT). Drawing is distinct from partial call since drawn bonds are chosen by lottery. Therefore, not every holder is affected in the same way.

DRCA

Cash Distribution From Non-Eligible Securities Sales

Distribution to shareholders of cash resulting from the selling of non-eligible securities, for example, in the frame of a depositary receipt program.

DRIP

Dividend Reinvestment

Dividend payment where holders can keep cash or have the cash reinvested in the market by the issuer into additional shares in the issuing company. To be distinguished from DVOP as the company invests the dividend in the market rather than creating new share capital in exchange for the dividend.

DSCL

Disclosure

Requirement for holders or beneficial owners to disclose their name, location and holdings of any issue to the issuer.

DTCH

Dutch Auction, Bid Tender

An action by a party wishing to acquire a security. Holders of the security are invited to make an offer to sell, within a specific price range. The acquiring party will buy from the holder with lowest offer.

DVCA

Cash Dividend

Distribution of cash to shareholders, in proportion to their equity holding. Ordinary dividends are recurring and regular. Shareholder must take cash and may be offered a choice of currency.

DVOP

Dividend Option

Distribution of a dividend to shareholders with a choice of benefit to receive. Shareholders may choose to receive shares or cash. To be distinguished from DRIP as the company creates new share capital in exchange for the dividend rather than investing the dividend in the market.

DVSC

Scrip Dividend/Payment

Dividend or interest paid in the form of scrip.

DVSE

Stock Dividend

Dividend paid to shareholders in the form of equities of the issuing corporation.

EXOF

Exchange

Exchange of holdings for other securities and/or cash. The exchange can be either mandatory or voluntary involving the exchange of outstanding securities for different securities and/or cash. For example "exchange offer", "capital reorganisation" or "funds separation".

EXRI

Call on Intermediate Securities

Call or exercise on nil paid securities or intermediate securities resulting from an intermediate securities distribution (RHDI). This code is used for the second event, when an intermediate securities' issue (rights/coupons) is composed of two events, the first event being the distribution of intermediate securities.

EXTM

Maturity Extension

As stipulated in the security's Terms and Conditions, the issuer or the holder may prolong the maturity date of a security. After extension, the security details may differ from the original issue. An issuer initiated extension may be subject to holder's approval.

EXWA

Warrant Exercise/Warrant Conversion

Option to buy (call warrant) or to sell (put warrant) a specific amount of equities, cash, commodity, etc, at a predetermined price over a specific period of time.

INCR

Increase in Value

Increase in the face value of a single security. The number of circulating securities remains unchanged.

INFO

Information

Information provided by the issuer having no accounting/financial impact on the holder.

INTR

Interest Payment

Interest payment distributed to holders of an interest bearing asset.

LIQU

Liquidation Dividend/Liquidation Payment

A distribution of cash, assets or both. Debt may be paid in order of priority based on preferred claims to assets specified by the security.

MCAL

Full Call/Early Redemption

The redemption of an entire issue outstanding of securities, for example, bonds, preferred equity, funds, by the issuer or its agent, for example, asset manager, before final maturity.

MEET

Annual General Meeting

Annual general meeting.

MRGR

Merger

Exchange of outstanding securities, initiated by the issuer which may include options, as the result of two or more companies combining assets, that is, an external, third party company. Cash payments may accompany share exchange.

NOOF

Non-Official Offer

Offers that are not supervised or regulated by an official entity and being offered by a party, for example a broker, usually at a discount price, for example broker offer, mini-tender, mini odd lot offer or third party offer.

ODLT

Odd Lot Sale/Purchase

Sale or purchase of odd-lots to/from the issuing company, initiated either by the holder of the security or through an offer made by the issuer.

OMET

Ordinary General Meeting

Ordinary general meeting.

OTHR

Other Event

Other event, use only when no other event type applies, for example, a new event type.

PARI

Pari-Passu

Occurs when securities with different characteristics, for example, shares with different entitlements to dividend or voting rights, become identical in all respects, for example, pari-passu or assimilation. May be scheduled in advance, for example, shares resulting from a bonus may become fungible after a pre-set period of time, or may result from outside events, for example, merger, reorganisation, issue of supplementary tranches, etc.

PCAL

Partial Redemption Without Pool Factor Reduction

Securities are redeemed in part before their scheduled final maturity date. It is done without any pool factor reduction. The redemption is reflected in a debit of the face amount (FAMT).

PDEF

Partial Defeasance/Pre-Funding

Issuer has money set aside to redeem a portion of an issue and the indenture states that the securities could be called earlier than the stated maturity.

PINK

Pay In Kind

Interest payment, in any kind except cash, distributed to holders of an interest bearing asset.

PLAC

Place of Incorporation

Changes in the state of incorporation for US companies and changes in the place of incorporation for foreign companies. Where shares need to be registered following the incorporation change, the holder(s) may have to elect the registrar.

PPMT

Instalment Call

An instalment towards the purchase of equity capital, subject to an agreement between an issuer and a purchaser.

PRED

Partial Redemption With Pool Factor Reduction

Securities are redeemed in part before their scheduled final maturity date. The redemption is reflected in a pool factor reduction. No movement of securities occurs.

PRIO

Priority Issue

Form of open or public offer where priority is given to existing shareholders due to limited amount of securities available in the offer. Shareholders can buy a type of security during a short period of time.

REDM

Final Maturity

The redemption of an entire issue outstanding of securities, for example, bonds, preferred equity, funds, by the issuer or its agent, for example, asset manager, at final maturity.

REDO

Redenomination

Event by which the unit (currency and/or nominal) of a security is restated, for example, nominal/par value of security in a national currency is restated in another currency.

REMK

Remarketing Agreement

Purchase and sale of remarketed preferred equities/bonds through the negotiation of interest rate between the issuers and the holders.

RHDI

Intermediate Securities Distribution

The distribution of intermediate securities that gives the holder the right to take part in a future event.

RHTS

Rights Issue/Subscription Rights/Rights Offer

Offer to holders of a security to subscribe for additional securities via the distribution of an intermediate security. Both processes are included in the same event.

SHPR

Shares Premium Dividend

This corporate event pays shareholders an amount in cash issued from the shares premium reserve. It is similar to a dividend but with different tax implications.

SMAL

Smallest Negotiable Unit

Modification of the smallest negotiable unit of shares in order to obtain a new negotiable unit.

SOFF

Spin-Off

A distribution of securities issued by another company. The distributed securities may either be of a newly created or of an existing company. For example, spin-off, demerger, unbundling, divestment.

SPLF

Stock Split/Change in Nominal Value/Subdivision

Increase in a corporation's number of outstanding equities without any change in the shareholder's equity or the aggregate market value at the time of the split. Equity price and nominal value are reduced accordingly.

SPLR

Reverse Stock Split/Change in Nominal Value

Decrease in a company's number of outstanding equities without any change in the shareholder's equity or the aggregate market value at the time of the split. Equity price and nominal value are increased accordingly.

SUSP

Trading Status: Suspended

Trading in the security has been suspended.

TEND

Tender/Acquisition/Takeover/Purchase Offer

An offer made to holders by a third party, requesting them to sell (tender) or exchange their securities.

TNDP

Tax On Non-Distributed Proceeds

Taxable component on non-distributed proceeds, for example, Australian deemed income or US 871m income regulation.

TREC

Tax Reclaim

Event related to tax reclaim activities.

WRTH

Worthless

Booking out of valueless securities.

WTRC

Withholding Tax Relief Certification

Certification process for withholding tax reduction or exemption based on the tax status of the holder.

XMET

Extraordinary or Special General Meeting

Extraordinary or special general meeting.

BSBK

Buy Sell Back

Relates to a buy sell back transaction.

BYIY

Buy In

The transaction relates to a buy-in by the market following a delivery transaction failure.

CLAI

Market Claim

Transaction resulting from a market claim.

CNCB

Central Bank Collateral Operation

Relates to a collateral delivery/receipt to a National Central Bank for central bank credit operations.

COLI

Collateral In

Relates to a collateral transaction, from the point of view of the collateral taker or its agent.

COLO

Collateral Out

Relates to a collateral transaction, from the point of view of the collateral giver or its agent.

CONV

DR Conversion

Relates to a depository receipt conversion.

ETFT

Exchange Traded Funds

Relates to an exchange traded fund (ETF) creation or redemption.

FCTA

Factor Update

Relates to a factor update.

INSP

Move of Stock

Relates to a movement of shares into or out of a pooled account.

INTT

Traded Interest Changed

Relates to a cash movement resulting from a change in traded interest pursuant to a coupon rate adjustment.

ISSU

Issuance

Relates to the issuance of a security such as an equity or a depository receipt.

MKDW

Mark-Down

Relates to the decrease of positions held by an ICSD at the common depository due to custody operations (repurchase, pre-release, proceed of corp. event realigned).

MKUP

Mark-Up

Relates to the increase of positions held by an ICSD at the common depository due to custody operations (repurchase, pre-release, proceed of corporate event realigned).

NETT

Netting

Relates to the netting of settlement instructions.

NSYN

Non Syndicated

Relates to the issue of medium and short term paper (CP, CD, MTN, notes ...) under a program and without syndication arrangement.

OWNE

External Account Transfer

Relates to an account transfer involving more than one instructing party (messages sender) and/or account servicer (messages receiver).

OWNI

Internal Account Transfer

Relates to an account transfer involving one instructing party (messages sender) at one account servicer (messages receiver).

PAIR

Pair-Off

Relates to a pair-off: the transaction is paired off and netted against one or more previous transactions.

PLAC

Placement

Relates to the placement/new issue of a financial instrument.

PORT

Portfolio Move

Relates to a portfolio move from one investment manager to another and/or from an account servicer to another. It is generally charged differently than another account transfer (OWNE, OWNI, INSP), hence the need to identify this type of transfer as such.

PREA

Pre-Advice

Transaction is a pre-advice, that is for matching purposes only.

REAL

Realignment

Relates to a realignment of positions.

REDI

Withdrawal

Relates to the withdrawal of specified amounts from specified sub-accounts.

REDM

Redemption (Funds)

Relates to a redemption of Funds (Funds Industry ONLY).

RELE

DR Release/Cancellation

Relates to a release (into/from local) of Depository Receipt operation.

REPU

Repo

Relates to a repurchase agreement transaction.

RODE

Return of Delivery Without Matching

Relates to the return of financial instruments resulting from a rejected delivery without matching operation.

RVPO

Reverse Repo

Relates to a reverse repurchase agreement transaction.

SBBK

Sell Buy Back

Relates to a sell buy back transaction.

SBRE

Borrowing Reallocation

Internal reallocation of a borrowed holding from one safekeeping account to another.

SECB

Securities Borrowing

Relates to a securities borrowing operation.

SECL

Securities Lending

Relates to a securities lending operation.

SLRE

Lending Reallocation

Internal reallocation of a holding on loan from one safekeeping account to another.

SUBS

Subscription (Funds)

Relates to a subscription to funds (Funds Industry ONLY).

SWIF

Switch From

Transaction is a change of an investment from one sub-fund to another sub-fund (redemption-leg).

SWIT

Switch To

Transaction is a change of an investment from one sub-fund to another sub-fund (subscription-leg).

SYND

Syndicate of Underwriters

Relates to the issue of financial instruments through a syndicate of underwriters and a Lead Manager.

TBAC

TBA Closing

Relates to a To Be Announced (TBA) closing trade.

TRAD

Trade

Relates to the settlement of a trade.

TRPO

Triparty Repo

Relates to a triparty repurchase agreement.

TRVO

Triparty Reverse Repo

Relates to a triparty reverse repurchase agreement.

TURN

Turnaround

Relates to a turnaround: the same security is bought and sold to settle the same day, to or from different brokers.