ISO 15022 Data Field Dictionary

MT518: (16) Field 94a: Place

FORMAT

Option B :4!c/[8c]/4!c[/30x] (Qualifier)(Data Source Scheme)(Place Code)(Narrative)
Option C :4!c//2!a (Qualifier)(Country Code)
Option F :4!c//4!c/4!a2!a2!c[3!c] (Qualifier)(Place Code)(Identifier Code)
Option L :4!c//18!c2!n (Qualifier)(Legal Entity Identifier)

PRESENCE

Optional in mandatory sequence B

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

TRAD

R

C9

B or L

Place of Trade

2

O

SAFE

R

C9

B, C, F, or L

Place of Safekeeping

DEFINITION

This qualified generic field specifies:

SAFE

Place of Safekeeping

Location where the financial instruments are/will be safekept.

TRAD

Place of Trade

Place at which the order was traded.

CODES

In option B, if Qualifier is TRAD and Data Source Scheme is not present, Place Code must contain one of the following codes:

EXCH

Stock Exchange

Trade was executed on a stock exchange.

OTCO

Over The Counter

Trade was executed over-the-counter.

PRIM

Primary Market

Trade was executed on a primary market.

SECM

Secondary Market

Trade was executed on a secondary market.

VARI

Various

Trade was executed on various places.

CODES

In option B, if Qualifier is SAFE and Data Source Scheme is not present, Place Code must contain the following code:

SHHE

Shares Held Elsewhere

Used for certain financial instruments, for example, US mutual funds, where settlement is internal only, that is, there is no external movement of securities.

CODES

In option F, if Qualifier is SAFE, Place Code must contain one of the following codes:

CUST

Local Custodian

Financial instruments held at a local custodian.

ICSD

International Central Securities Depository

Financial instruments held at an International Central Securities Depository.

NCSD

National Central Securities Depository

Financial instruments held at a National Central Securities Depository.

SHHE

Shares Held Elsewhere

Used for certain financial instruments, for example, US mutual funds, where settlement is internal only, that is, there is no external movement of securities.

NETWORK VALIDATED RULES

Country Code must be a valid ISO country code.

Identifier Code must be a registered BIC.

Narrative (Format Option B) must not start or end with a slash '/' and must not contain two consecutive slashes '//'.

USAGE RULES

When Place Code is OTCO, Narrative, if present, must specify the system, for example, OTCO/TELEKURS. When Place Code is EXCH, Narrative, if present, must specify the Market Identifier Code (MIC), for example, EXCH/XNYS for the New York Stock Exchange.

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