MT575: (67) Field 98a: Date/Time
FORMAT
| Option A | :4!c//8!n | (Qualifier)(Date) |
| Option B | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Date Code) |
| Option C | :4!c//8!n6!n | (Qualifier)(Date)(Time) |
PRESENCE
Mandatory in optional subsequence C2
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
ESET |
N |
|
A or C |
Effective Settlement Date/Time |
2 |
O |
SETT |
N |
|
A, B, or C |
Settlement Date/Time |
3 |
O |
TRAD |
N |
|
A, B, or C |
Trade Date/Time |
DEFINITION
This qualified generic field specifies:
ESET |
Effective Settlement Date/Time |
Date/time at which a transaction effectively settled. |
SETT |
Settlement Date/Time |
Date/time at which the financial instruments are to be delivered or received. |
TRAD |
Trade Date/Time |
Date/time at which the deal was agreed. |
CODES
In option B, if Qualifier is SETT and Data Source Scheme is not present, Date Code must contain the following code:
WISS |
When Issued |
Settlement was done when the security was issued. |
CODES
In option B, if Qualifier is TRAD and Data Source Scheme is not present, Date Code must contain the following code:
VARI |
Various |
Partial trades have occurred over a period of two or more days. |
NETWORK VALIDATED RULES
Date must be a valid date expressed as YYYYMMDD.
Time must be a valid time expressed as HHMMSS.
