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ISO 15022
Data Field Dictionary

MT509: (29) Field 22F: Indicator

FORMAT

Option F :4!c/[8c]/4!c (Qualifier)(Data Source Scheme)(Indicator)

PRESENCE

Optional in optional subsequence B1

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

TRCA

R

 

F

Party Capacity Indicator

2

O

INCA

N

 

F

Investor Capacity Indicator

DEFINITION

This qualified generic field specifies:

INCA

Investor Capacity Indicator

Role of the investor in the transaction.

TRCA

Party Capacity Indicator

Specifies the role of the party in the transaction.

CODES

If Qualifier is TRCA and Data Source Scheme is not present, Indicator must contain one of the following codes:

AGEN

Trading as Agent

Party is trading on behalf of his client.

BAGN

Acting as Agent for Customer and Other Person

Party is acting as an agent for both customer and another person.

CAGN

Crossing as Agent

Party is crossing on behalf of his client.

CPRN

Crossing as Principal

Party is crossing for his own account.

OAGN

Acting as Agent for Person Other than Customer

Party is acting as an agent for a person other than a customer.

PRAG

Acting as Agent for Some Executions and Principal

Party is acting as an agent for some executions and principal for others.

PRIN

Trading as Principal

Party is trading for his own account.

RISP

Acting as Riskless Principal

Party is trading as a riskless principal, that is, the order to buy (sell) has been simultaneously offset by an order to sell (buy) with another party.

CODES

If Qualifier is INCA and Data Source Scheme is not present, Indicator must contain one of the following codes:

ELIG

Eligible Counterparty

MiFID classification of counterparty. Eligible customers are the most sophisticated level of investor, able to opt out of some of the protections afforded by conduct of business rules defined under MiFID.

PROF

Professional Client

MiFID classification of counterparty. Professional customers are, for example, investment firms, credit institutions, insurance companies.

RETL

Retail Client

MiFID classification of counterparty. Retail customers are the least sophisticated level of investor.

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