ISO 15022 Data Field Dictionary

Note

The use of this message for investment funds is subject to restrictions - the message may only be sent or received by institutions that are members of the Funds Closed User Group.

MT515 Scope

This message is sent by an executing party, for example, a broker-dealer, to an instructing party, for example, a client, or its authorised representative.

This message is used to confirm the details of a purchase or sale executed by the executing party on behalf of the instructing party. It is also used to provide details on the payment side of the transaction.

It may also be used to:

  • request the cancellation of a previously sent client confirmation

  • re-send a client confirmation previously sent

  • provide a third party with a copy of the message (be it the confirmation or request for cancellation) being sent.

Where legally accepted, this message serves as an electronic contract note which is legally binding on both parties.

Where a block trade has been executed and allocation instructions provided, one client confirmation must be sent per allocation.

This message may be sent directly or via an ETC service provider between parties to the trade. It may also be sent as a copy from the instructing party and/or executing party to their respective custodians, to provide settlement information where an agreement to this effect exists.

This message must not be sent by an ETC service provider to a custodian.

MT515 Format Specifications

Status Tag Qualifier Generic Field Name Detailed Field Name Content/Options No.

Mandatory Sequence A General Information

M

16R

 

 

Start of Block

GENL

1

O

28E

 

 

Page Number/Continuation Indicator

5n/4!c

2

M

20C

SEME

Reference

Sender's Message Reference

:4!c//16x

3

M

23G

 

 

Function of the Message

4!c[/4!c]

4

O

98a

PREP

Date/Time

Preparation Date/Time

A, C, or E

5

M

22F

TRTR

Indicator

Trade Transaction Type

:4!c/[8c]/4!c

6

-----> Mandatory Repetitive Subsequence A1 Linkages

M

16R

 

 

Start of Block

LINK

7

O

13a

LINK

Number Identification

Linked Message

A or B

8

M

20C

4!c

Reference

(see qualifier description)

:4!c//16x

9

M

16S

 

 

End of Block

LINK

10

-----| End of Subsequence A1 Linkages

M

16S

 

 

End of Block

GENL

11

End of Sequence A General Information

-----> Optional Repetitive Sequence B Partial Fill Details

M

16R

 

 

Start of Block

PAFILL

12

M

36B

PAFI

Quantity of Financial Instrument

Quantity of Financial Instrument Partially Filled

:4!c//4!c/15d

13

M

90a

DEAL

Price

Deal Price

A or B

14

----->

O

22F

4!c

Indicator

(see qualifier description)

:4!c/[8c]/4!c

15

-----|

O

98a

TRAD

Date/Time

Trade Date/Time

A, B, C, or E

16

----->

O

94a

TRAD

Place

Place of Trade

B or L

17

-----|

M

16S

 

 

End of Block

PAFILL

18

-----| End of Sequence B Partial Fill Details

Mandatory Sequence C Confirmation Details

M

16R

 

 

Start of Block

CONFDET

19

----->

M

98a

4!c

Date/Time

(see qualifier description)

A, B, C, or E

20

-----|

----->

M

90a

4!c

Price

(see qualifier description)

A or B

21

-----|

----->

O

92A

4!c

Rate

(see qualifier description)

:4!c//[N]15d

22

-----|

----->

O

99A

4!c

Number Count

(see qualifier description)

:4!c//[N]3!n

23

-----|

----->

O

94a

4!c

Place

(see qualifier description)

B, C, F, or L

24

-----|

O

19A

SETT

Amount

Settlement Amount

:4!c//[N]3!a15d

25

----->

M

22a

4!c

Indicator

(see qualifier description)

F or H

26

-----|

O

11A

4!c

Currency

(see qualifier description)

:4!c//3!a

27

-----> Mandatory Repetitive Subsequence C1 Confirmation Parties

M

16R

 

 

Start of Block

CONFPRTY

28

----->

M

95a

4!c

Party

(see qualifier description)

L, P, Q, R, or S

29

-----|

----->

O

97a

4!c

Account

(see qualifier description)

A, B, or E

30

-----|

O

98a

PROC

Date/Time

Processing Date/Time

A or C

31

O

20C

PROC

Reference

Processing Reference

:4!c//16x

32

----->

O

70a

4!c

Narrative

(see qualifier description)

C or E

33

-----|

----->

O

22F

4!c

Indicator

(see qualifier description)

:4!c/[8c]/4!c

34

-----|

M

16S

 

 

End of Block

CONFPRTY

35

-----| End of Subsequence C1 Confirmation Parties

----->

M

36B

4!c

Quantity of Financial Instrument

(see qualifier description)

:4!c//4!c/15d

36

-----|

M

35B

 

 

Identification of the Financial Instrument

[ISIN1!e12!c]
[4*35x]

37

Optional Subsequence C2 Financial Instrument Attributes

M

16R

 

 

Start of Block

FIA

38

O

94B

PLIS

Place

Place of Listing

:4!c/[8c]/4!c[/30x]

39

----->

O

22F

4!c

Indicator

(see qualifier description)

:4!c/[8c]/4!c

40

-----|

----->

O

12a

4!c

Type of Financial Instrument

(see qualifier description)

A, B, or C

41

-----|

O

11A

DENO

Currency

Currency of Denomination

:4!c//3!a

42

----->

O

98A

4!c

Date/Time

(see qualifier description)

:4!c//8!n

43

-----|

----->

O

92A

4!c

Rate

(see qualifier description)

:4!c//[N]15d

44

-----|

----->

O

13a

4!c

Number Identification

(see qualifier description)

A or B

45

-----|

----->

O

17B

4!c

Flag

(see qualifier description)

:4!c//1!a

46

-----|

----->

O

90a

4!c

Price

(see qualifier description)

A or B

47

-----|

----->

O

36B

4!c

Quantity of Financial Instrument

(see qualifier description)

:4!c//4!c/15d

48

-----|

----->

O

35B

 

 

Identification of the Financial Instrument

[ISIN1!e12!c]
[4*35x]

49

-----|

O

70E

FIAN

Narrative

Financial Instrument Attribute Narrative

:4!c//10*35x

50

M

16S

 

 

End of Block

FIA

51

End of Subsequence C2 Financial Instrument Attributes

----->

O

13B

CERT

Number Identification

Certificate Number

:4!c/[8c]/30x

52

-----|

----->

O

70E

4!c

Narrative

(see qualifier description)

:4!c//10*35x

53

-----|

M

16S

 

 

End of Block

CONFDET

54

End of Sequence C Confirmation Details

Optional Sequence D Settlement Details

M

16R

 

 

Start of Block

SETDET

55

----->

M

22F

4!c

Indicator

(see qualifier description)

:4!c/[8c]/4!c

56

-----|

O

11A

4!c

Currency

(see qualifier description)

:4!c//3!a

57

-----> Optional Repetitive Subsequence D1 Settlement Parties

M

16R

 

 

Start of Block

SETPRTY

58

----->

M

95a

4!c

Party

(see qualifier description)

C, L, P, Q, R, or S

59

-----|

O

97a

SAFE

Account

Safekeeping Account

A or B

60

O

98a

PROC

Date/Time

Processing Date/Time

A or C

61

O

20C

PROC

Reference

Processing Reference

:4!c//16x

62

----->

O

70a

4!c

Narrative

(see qualifier description)

C or D

63

-----|

M

16S

 

 

End of Block

SETPRTY

64

-----| End of Subsequence D1 Settlement Parties

-----> Optional Repetitive Subsequence D2 Cash Parties

M

16R

 

 

Start of Block

CSHPRTY

65

----->

M

95a

4!c

Party

(see qualifier description)

L, P, Q, R, or S

66

-----|

----->

O

97a

4!c

Account

(see qualifier description)

A or E

67

-----|

O

98a

PROC

Date/Time

Processing Date/Time

A or C

68

O

20C

PROC

Reference

Processing Reference

:4!c//16x

69

O

70C

PACO

Narrative

Party Narrative

:4!c//4*35x

70

M

16S

 

 

End of Block

CSHPRTY

71

-----| End of Subsequence D2 Cash Parties

-----> Optional Repetitive Subsequence D3 Amounts

M

16R

 

 

Start of Block

AMT

72

----->

O

17B

4!c

Flag

(see qualifier description)

:4!c//1!a

73

-----|

----->

M

19A

4!c

Amount

(see qualifier description)

:4!c//[N]3!a15d

74

-----|

O

98a

VALU

Date/Time

Value Date/Time

A or C

75

O

92B

EXCH

Rate

Exchange Rate

:4!c//3!a/3!a/15d

76

M

16S

 

 

End of Block

AMT

77

-----| End of Subsequence D3 Amounts

M

16S

 

 

End of Block

SETDET

78

End of Sequence D Settlement Details

-----> Optional Repetitive Sequence E Other Parties

M

16R

 

 

Start of Block

OTHRPRTY

79

----->

M

95a

4!c

Party

(see qualifier description)

L, P, Q, R, or S

80

-----|

----->

O

97a

4!c

Account

(see qualifier description)

A, B, or E

81

-----|

O

70C

PACO

Narrative

Party Narrative

:4!c//4*35x

82

O

20C

PROC

Reference

Processing Reference

:4!c//16x

83

M

16S

 

 

End of Block

OTHRPRTY

84

-----| End of Sequence E Other Parties

Optional Sequence F Two Leg Transaction Details

M

16R

 

 

Start of Block

REPO

85

----->

O

98a

4!c

Date/Time

(see qualifier description)

A, B, or C

86

-----|

----->

O

22F

4!c

Indicator

(see qualifier description)

:4!c/[8c]/4!c

87

-----|

----->

O

20C

4!c

Reference

(see qualifier description)

:4!c//16x

88

-----|

----->

O

92a

4!c

Rate

(see qualifier description)

A or C

89

-----|

----->

O

99B

4!c

Number Count

(see qualifier description)

:4!c//3!n

90

-----|

----->

O

19A

4!c

Amount

(see qualifier description)

:4!c//[N]3!a15d

91

-----|

O

70C

SECO

Narrative

Second Leg Narrative

:4!c//4*35x

92

M

16S

 

 

End of Block

REPO

93

End of Sequence F Two Leg Transaction Details

MT515 Network Validated Rules

  • C1 If an Exchange Rate (field :92B::EXCH) is present, the corresponding Resulting Amount (field :19A::RESU) must be present in the same subsequence. If the Exchange Rate is not present the Resulting Amount is not allowed.

    Subsequence D3

    if field :92B::EXCH is ...

    Subsequence D3

    then field :19A::RESU is ...

    Present

    Mandatory

    Not present

    Not allowed

  • C2 If the Settlement Amount (:19A::SETT) is present in sequence C, it must not be present in any occurrence of subsequence D3.

    Sequence C

    if field :19A::SETT is ...

    Then, for each occurrence of subsequence D3

    field :19A::SETT is ...

    Present

    Not allowed

    Not present

    Optional

  • C3 If the message is a cancellation, that is, Function of the Message (field 23G) is CANC, then field :20C::PREV must be present in one and only one occurrence of A1; consequently, in all other occurrences of A1, field :20C::PREV is not allowed.

    Sequence A

    if field :23G: is ...

    Then field :20C::PREV is ...

    CANC

    Mandatory in one occurrence of subsequence A1, and not allowed in all other occurrences of subsequence A1

    NEWM

    Not applicable

    PREA

    Not applicable

  • C4 The following party fields for subsequences D1 and D2 cannot appear more than once in sequence D. The party fields for sequence E cannot appear more than once in a message:

    Subsequence D1

    Subsequence D2

    Sequence E

    :95a::BUYR

    :95a::ACCW

    :95a::EXCH

    :95a::DEAG

    :95a::BENM

    :95a::MEOR

    :95a::DECU

    :95a::PAYE

    :95a::MERE

    :95a::DEI1

    :95a::DEBT

    :95a::TRRE

    :95a::DEI2

    :95a::INTM

    :95a::VEND

    :95a::PSET

    :95a::TRAG

    :95a::REAG

    :95a::RECU

    :95a::REI1

    :95a::REI2

    :95a::SELL

  • C5 If a qualifier from the list Deliverers is present in a subsequence D1, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Deliverers (see below) must be present.

    In other words, in sequence D, the following scenarios must be validated:

    • If :95a::DEI2 is present in subsequence D1, then :95a::DEI1 must be present in another subsequence D1.

    • If :95a::DEI1 is present in subsequence D1, then :95a::DECU must be present in another subsequence D1.

    • If :95a::DECU is present in subsequence D1, then :95a::SELL must be present in another subsequence D1.

    • If :95a::SELL is present in subsequence D1, then :95a::DEAG must be present in another subsequence D1.

    If a qualifier from the list Receivers is present in a subsequence D1, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Receivers (see below) must be present.

    In other words, in sequence D, the following scenarios must be validated:

    • If :95a::REI2 is present in subsequence D1, then :95a::REI1 must be present in another subsequence D1.

    • If :95a::REI1 is present in subsequence D1, then :95a::RECU must be present in another subsequence D1.

    • If :95a::RECU is present in subsequence D1, then :95a::BUYR must be present in another subsequence D1.

    • If :95a::BUYR is present in subsequence D1, then :95a::REAG must be present in another subsequence D1.

    Deliverers

    Receivers

    DEI2

    Deliverer's Intermediary 2

    REI2

    Receiver's Intermediary 2

    DEI1

    Deliverer's Intermediary 1

    REI1

    Receiver's Intermediary 1

    DECU

    Deliverer's Custodian

    RECU

    Receiver's Custodian

    SELL

    Seller (Deliverer)

    BUYR

    Buyer (Receiver)

    DEAG

    Delivering Agent

    REAG

    Receiving Agent

  • C6 In subsequence D1, if field :95a::PSET is present, then field :97a::SAFE is not allowed in the same subsequence..

    Subsequence D1

    if field :95a::PSET is ...

    Subsequence D1

    then field :97a::SAFE is ...

    Present

    Not allowed within the same occurrence

    Not present

    Optional

  • C7 In sequence C, if field :22H::BUSE//SWIT is present, then field :20C::PREV must be present in minimum one occurrence of subsequence A1 Linkages..

    Sequence C

    if field :22H::BUSE//SWIT is ...

    Then field :20C::PREV is ...

    Present

    Mandatory, that is, must be present in minimum one occurrence of A1

    Not present

    Optional

  • C8 If field :22F::DBNM//VEND is present in sequence D, then a vendor must be specified; that is one occurrence of sequence E must contain field :95a::VEND.

    If sequence D is ...

    And in sequence D

    if field :22F::DBNM//VEND is ... (1)

    Then sequence E is ...

    And in one occurrence of sequence E

    field :95a::VEND is ...

    Present

    Present

    Mandatory that is sequence E must be present minimum once

    Mandatory

    Not present

    Optional

    Optional

    Not present

    Not applicable

    Optional

    Optional

    (1) if the Data Source Scheme is present in field :22F::DBNM//VEND then the conditional rule does not apply.
  • C9 In sequence E, if field :95a::EXCH Stock Exchange or :95a::TRRE Trade Regulator is present, then field :97a:: is not allowed in the same sequence.

    Sequence E

    if field :95a::EXCH or TRRE is ...

    Sequence E

    then field :97a:: is ...

    Present

    Not allowed within the same occurrence

    Not present

    Optional

  • C10 If either Deal Price (field 90a::DEAL) or Original Ordered Quantity (field :36B::ORDR) (in sequence C), or Settlement Amount (field :19A::SETT) (in subsequence D3) are present more than once, then in sequence C Buy/Sell Indicator (field :22H::BUSE) must be present with Indicator code FPOO or IPOO or IPPO.

    Sequence C

    if field :90a::DEAL is ...

    Sequence C

    if field :36B::ORDR is ...

    Subsequence D3

    if field :19A::SETT is ... (1)

    Sequence C

    then field :22H::BUSE ...

    Present only once

    Not present or present only once

    Not present or present only once

    May contain any Indicator code

    Present more than once

    Indicator code must be FPOO or IPOO or IPPO

    Present more than once

    Not applicable

    Indicator code must be FPOO or IPOO or IPPO

    Present more than once

    Not applicable

    Not applicable

    Indicator code must be FPOO or IPOO or IPPO

    (1) Field :19A::SETT is not repetitive in subsequence D3, but subsequence D3 itself is repetitive.
  • C11 In each occurrence of sequence B, field :94a::TRAD must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:94L::TRAD).

    In sequence C, field :94a::TRAD must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:94L::TRAD).

    In sequence C, field :94a::SAFE must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:94L::SAFE).

    In each occurrence of subsequence C1, field :95a::ALTE must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:95L::ALTE).

    In each occurrence of subsequence D1, field :95a::ALTE must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:95L::ALTE).

    In each occurrence of subsequence D2, field :95a::ALTE must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:95L::ALTE).

    In each occurrence of sequence E, field :95a::ALTE must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:95L::ALTE).

  • C12 In each occurrence of sequence E, if field :95a::ALTE is present with format option L, tthen field :95a::MEOR and field :95a::MERE must not be present in the same occurrence of the sequence.

MT515 Usage Rules

  • When an instruction is sent to a party other than the original Receiver, this original Receiver is identified in the other parties sequence as :95a::MERE (Recipient of the Message).

  • The underlying fund or client (:95a::INVE), must be present.

  • When a broker is identified as a confirming party, the party capacity (:22F::TRCA) must be specified.

  • When an ETC service provider transfers a message from one institution to another, and when the originator of the message is not already identified in the confirmation parties sequence or the settlement parties sequence, then the originating party is identified in the other parties sequence as :95a::MEOR (Originator of Message).

  • In the case of a non-allocated trade, when an order to buy or sell was executed in several parts, normally one confirmation is sent for each day of execution. Where the confirmation is sent upon the final completion of the order, the executing party may show the partial trades, listing the dates, times, quantities and prices (partial fill sequence).

  • The Receiver of a request to cancel must advise the requesting party that the request has been accepted or denied in an MT 509 Trade Status Message.

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