This message is sent by an instructing party or its authorised representative to an executing party or by an executing party to the instructing party or its authorised representative. It may also be sent by an instructing party to its custodian to inform of an update in the trade status of a previously sent settlement instruction.
This message is used to:
advise the status of an order/trade.
advise the status of a replacement request
advise the status of a cancellation request.
It may also be used to:
provide a third party with a copy of the status message being sent
This message may be sent directly or through an ETC service provider between the parties to the deal, or by an ETC service provider.
| Status | Tag | Qualifier | Generic Field Name | Detailed Field Name | Content/Options | No. |
|---|---|---|---|---|---|---|
Mandatory Sequence A General Information |
||||||
M |
16R |
|
|
GENL | 1 |
|
M |
20C |
SEME |
Reference |
:4!c//16x | 2 |
|
M |
23G |
|
|
4!c[/4!c] | 3 |
|
O |
98a |
PREP |
Date/Time |
A, C, or E | 4 |
|
-----> Optional Repetitive Subsequence A1 Linkages |
||||||
M |
16R |
|
|
LINK | 5 |
|
O |
13a |
LINK |
Number Identification |
A or B | 6 |
|
M |
20C |
4!c |
Reference |
:4!c//16x | 7 |
|
M |
16S |
|
|
LINK | 8 |
|
-----| End of Subsequence A1 Linkages |
||||||
-----> Mandatory Repetitive Subsequence A2 Status |
||||||
M |
16R |
|
|
STAT | 9 |
|
M |
25D |
4!c |
Status Code |
:4!c/[8c]/4!c | 10 |
|
-----> Optional Repetitive Subsequence A2a Reason |
||||||
M |
16R |
|
|
REAS | 11 |
|
M |
24B |
4!c |
Reason Code |
:4!c/[8c]/4!c | 12 |
|
O |
70D |
REAS |
Narrative |
:4!c//6*35x | 13 |
|
M |
16S |
|
|
REAS | 14 |
|
-----| End of Subsequence A2a Reason |
||||||
M |
16S |
|
|
STAT | 15 |
|
-----| End of Subsequence A2 Status |
||||||
M |
16S |
|
|
GENL | 16 |
|
End of Sequence A General Information |
||||||
Optional Sequence B Trade Details |
||||||
M |
16R |
|
|
TRADE | 17 |
|
-----> |
||||||
O |
98a |
4!c |
Date/Time |
A, B, or C | 18 |
|
-----| |
||||||
O |
11A |
4!c |
Currency |
:4!c//3!a | 19 |
|
-----> |
||||||
M |
22a |
4!c |
Indicator |
F or H | 20 |
|
-----| |
||||||
O |
95a |
ACOW |
Party |
P or R | 21 |
|
O |
97a |
SAFE |
Account |
A or B | 22 |
|
-----> Optional Repetitive Subsequence B1 Trading Parties |
||||||
M |
16R |
|
|
TRADPRTY | 23 |
|
-----> |
||||||
M |
95a |
4!c |
Party |
P, Q, R, or S | 24 |
|
-----| |
||||||
-----> |
||||||
O |
97a |
4!c |
Account |
A, B, or E | 25 |
|
-----| |
||||||
O |
98a |
PROC |
Date/Time |
A or C | 26 |
|
O |
20C |
PROC |
Reference |
:4!c//16x | 27 |
|
-----> |
||||||
O |
70a |
4!c |
Narrative |
C or E | 28 |
|
-----| |
||||||
-----> |
||||||
O |
22F |
4!c |
Indicator |
:4!c/[8c]/4!c | 29 |
|
-----| |
||||||
M |
16S |
|
|
TRADPRTY | 30 |
|
-----| End of Subsequence B1 Trading Parties |
||||||
-----> |
||||||
O |
19A |
4!c |
Amount |
:4!c//[N]3!a15d | 31 |
|
-----| |
||||||
-----> |
||||||
O |
36B |
4!c |
Quantity of Financial Instrument |
:4!c//4!c/15d | 32 |
|
-----| |
||||||
M |
35B |
|
|
[ISIN1!e12!c] | 33 |
|
M |
16S |
|
|
TRADE | 34 |
|
End of Sequence B Trade Details |
||||||
Optional Sequence C Additional Information |
||||||
M |
16R |
|
|
ADDINFO | 35 |
|
-----> |
||||||
O |
95a |
4!c |
Party |
P, Q, or R | 36 |
|
-----| |
||||||
M |
16S |
|
|
ADDINFO | 37 |
|
End of Sequence C Additional Information |
||||||
C1 Within each occurrence of subsequence A2a, the qualifier in field 24B must be the same as the code word (Status Code) used with the appropriate qualifier in field 25D of its surrounding subsequence A2.
In each occurrence of subsequence A2 Status |
|
|---|---|
In each occurrence of subsequence A2a Reason (if present) if field 24B:: is ... |
Then in subsequence A2 Status field :25D:: must be ...(1) |
:24B::REJT |
:25D::CPRC//REJT or :25D::IPRC//REJT or :25D::RPRC//REJT |
:24B::NMAT |
:25D::MTCH//NMAT |
:24B::NAFI |
:25D::AFFM//NAFI |
:24B::REPR |
:25D::CPRC//REPR or :25D::IPRC//REPR or :25D::RPRC//REPR |
C2 In sequence B, either a quantity (field :36B::) or an amount (field :19A::) must be present, but not both.
Sequence B if field :36B:: is ... |
Sequence B then field :19A:: is ... |
|---|---|
Present |
Not allowed |
Not present |
Mandatory |
When the message is used to advise the status of a cancellation of an MT 502 Order to Buy or Sell, 513 Client Advice of Execution, 514 Trade Allocation Instruction, 515 Client Confirmation of Purchase or Sale, or 518 Market-Side Securities Trade Confirmation, Field 20C Reference in subsequence A1 Linkages must contain the reference of the cancellation request.
When the message is used to advise the status of a replacement of an MT 502 Order to Buy or Sell, Field 20C Reference in subsequence A1 Linkages must contain the reference of the replacement request.
When the message is used to advise the status of an MT 502 Order to Buy or Sell, Field 20C Reference in subsequence A1 Linkages must contain the reference of the order.