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ISO 15022
Data Field Dictionary

MT586: (27) 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 sequence B

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

SETT

N

 

A, B, or C

Settlement Date/Time

2

O

TRAD

N

 

A, B, or C

Trade Date/Time

DEFINITION

This qualified generic field specifies:

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 trade was executed.

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 is to be done when the security is 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.

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