ISO 15022 Data Field Dictionary

MT518: (5) Field 22F: Indicator: Trade Transaction Type

FORMAT

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

PRESENCE

Mandatory in mandatory sequence A

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

TRTR

N

 

F

Trade Transaction Type

DEFINITION

This qualified generic field specifies:

TRTR

Trade Transaction Type

Specifies the type of transaction of which the order is a component.

CODES

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

BASK

Basket Trade

Transaction is a single order to buy and sell several financial instruments for the purpose of simultaneous buying and selling. Baskets are often used for a set of 15 or more financial instruments and play a role in arbitrage activity.

INDX

Index Trade

Transaction is a single order to buy or sell all underlying financial instruments of an index, for example, S&P500.

LIST

List Trade

Transaction is a trade of a predetermined set of financial instruments.

PROG

Program Trade

Transaction relates to computer-driven automatically executed trades in large volumes of a set of several financial instruments.

TRAD

Trade

Transaction is a regular trade.

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------