MT506: (48) Field 12B: Type of Financial Instrument: Option Type
FORMAT
| Option B | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Type) |
PRESENCE
Optional in optional subsequence C2
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
OPTI |
N |
|
B |
Option Type |
DEFINITION
This qualified generic field specifies:
OPTI |
Option Type |
Specifies whether it is a call option or a put option. |
CODES
If Data Source Scheme is not present, Type must contain one of the following codes:
CALL |
Call Option |
Call option. |
PUTO |
Put Option |
Put option. |
