Skip to main content
Header logo

ISO 15022
Data Field Dictionary

MT380: (3) Field 23G: Function of the Message

FORMAT

Option G 4!c[/4!c] (Function)(Subfunction)

PRESENCE

Mandatory (referenced in rule C1) in mandatory sequence A

DEFINITION

This field identifies the function of the message.

CODES

Function must contain one of the following codes:

NEWM

New

This is a new order to buy or sell.

CODES

Subfunction, when present, must contain one of the following codes:

CODU

Copy Duplicate

Message is a copy, for information purposes and the message is a duplicate of a message previously sent.

COPY

Copy

Message is a copy, for information purposes.

DUPL

Duplicate

Message is for information/confirmation purposes. It is a duplicate of a message previously sent.