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ISO 15022
Data Field Dictionary

MT513: (26) Field 22F: Indicator: Type of Price Indicator

FORMAT

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

PRESENCE

Optional in optional subsequence C1

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

PRIC

N

 

F

Type of Price Indicator

DEFINITION

This qualified generic field specifies:

PRIC

Type of Price Indicator

Specifies the type of transaction price.

CODES

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

AVER

Average Execution

Price is an average execution price.

AVOV

Override of the Average Price

Price is an override of the average price.

COMB

Combined Expenses

Price is a combined expenses price (used in the UK market).

FAVG

Benchmark Weighted Average

Price is weighted average price of the benchmark prices at the time of each partial fill.

GREX

Gross Execution Price

Price is an all inclusive price, that is, including all charges, fees and taxes.

MAVG

All Markets Weighted Average

Price is weighted average price of all market executions during the completion of the order.

NDIS

Net to Client Disclosed

Price is net to the client disclosed (used in the UK market).

NET1

Net Price 1

Price is a net price, that is, net of all charges, taxes, or fees.

NET2

Net Price 2

Price is a net price, that is, net only of local broker's commission, local fees, or local taxes.

NOGR

Notional Gross

Price is notional gross (used in the UK market).

NUND

Net to Client Undisclosed

Price is net to the client undisclosed (used in the UK market).

PARV

Par Value

Price is a par value or equal to the nominal or face value of the instrument.

RDAV

Rounded Average Price

Price is a rounded average price.

TRAD

Benchmark

Price is a benchmark price relating to the current partial fills (for example, last trade tick from market).