Skip to main content
Header logo

ISO 15022
Data Field Dictionary

MT671: (16) Field 22F: Indicator

FORMAT

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

PRESENCE

Mandatory in mandatory sequence B

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

EFFD

R

 

F

Effective Date Indicator

2

M

MARK

R

 

F

Market Area Indicator

DEFINITION

This qualified generic field specifies:

EFFD

Effective Date Indicator

Specifies how the SSI update is to be applied.

MARK

Market Area Indicator

Specifies the market to which the SSI relates.

CODES

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

FUTU

Future

SSI update is to be applied to future trades.

OUTS

Outstanding Trade

SSI update is effective for all trades settling on and after effective date irrespective of trade date.

RCON

Reconfirmation

SSI update is effective for all trades settling on and after effective date irrespective of trade date and they need to be reconfirmed.

SETT

Settlement Date

SSI update is effective on the settlement date.

TRAD

Trade Date

SSI update is effective for all trades booked on and after effective date.

CODES

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

ANYY

Any

Any market area. This code is the superset of all the market area codes.

CASH

Cash

Bank to bank cash movements. This code is not related to the other market area codes. It includes transactions such as bank notes and remittances.

COLL

Collections

Collections.

COMM

Commodities

Precious metals and other commodities such as palm oil.

COPA

Commercial Payments

Payment in which one of the parties is not a financial institution.

DERI

Derivatives

Futures contracts, options, swaps, etc.

DOCC

Documentary Credits

Documentary credits.

FOEX

Foreign Exchange

Foreign Exchange, including spot, forwards, and non-deliverable forwards.

GUAR

Guarantees

Guarantees.

LETT

Letters of Credit

Letters of credit.

LOAN

Loans

Loans and deposits.

MMKT

Money Markets

Interbank loans and deposits.

NDLF

Non Deliverable Forward

FX forward trade for which only balance is settled.

OPTI

Options

FX Options, swaptions, etc.

SECU

Securities

Bonds, equities, capital markets, etc.

TFIN

Trade Finance

Documentary credits, collections, guarantees, letters of credit. TFIN is a superset of COLL, DOCC, GUAR, and LETT.

TREA

Treasury

Cash management ("financial trading") activities. TREA is a superset of COMM, DERI, FOEX, MMKT, NDLF, and OPTI.

loader icon