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ISO 15022
Data Field Dictionary

MT548: (62) Field 17B: Flag

FORMAT

Option B :4!c//1!a (Qualifier)(Flag)

PRESENCE

Optional in optional subsequence C1a1A1

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

LIQU

N

 

B

Liquid

2

O

SMEM

N

 

B

SME Growth Market

DEFINITION

This qualified generic field specifies:

LIQU

Liquid

The Liquidity is a binary classification of securities that applies for shares, that is, when the Financial Instrument Type of the security is "SHRS" and that specifies whether the security is "Liquid" or "Illiquid".

SMEM

SME Growth Market

Binary classification that specifies whether the security was traded in a SME Growth Market or not. According to the CSDR regulation, the SME Growth Market is not a characteristic of the ISIN but it is based on the value of the place of trade (Market Identifier Code) of the underlying transaction. The list of SME Growth Markets is a static list, maintained by ESMA for the CSDR regulation.

CODES

Flag must contain one of the following codes:

N

No

No.

Y

Yes

Yes.