MT516: (9) Field 31X: Ex Date
FORMAT
| Option X | [6!n[4!n]][7!a] | (Date)(Time)(Code) |
PRESENCE
Optional in mandatory sequence A
DEFINITION
This field specifies the first day, and optionally the time, on which any transaction related to the securities on loan is contracted without entitlement to any event related to the securities.
CODES
If the ex date is unknown, the following code must be used in Code:
UNKNOWN |
Ex date is unknown |
NETWORK VALIDATED RULES
Date must be a valid date expressed as YYMMDD.
Time must be a valid time expressed as HHMM.
Either Date and Time, or Code, but not both, must be present.
