This message is sent by an executing party, for example, a broker-dealer, which has accepted one or several orders to buy or sell financial instruments, to an instructing party, for example, a client, or its authorised agent. Where permitted, it may also be sent by a point of execution, for example, an exchange, to list open orders.
This message identifies, as at a specific date, orders which have not yet been legally agreed or fully executed. It may include all open orders or selected open orders by financial instrument in all or selected safekeeping accounts or sub-accounts.
| Status | Tag | Qualifier | Generic Field Name | Detailed Field Name | Content/Options | No. |
|---|---|---|---|---|---|---|
Mandatory Sequence A General Information |
||||||
M |
16R |
|
|
GENL | 1 |
|
M |
28E |
|
|
5n/4!c | 2 |
|
O |
13A |
STAT |
Number Identification |
:4!c//3!c | 3 |
|
M |
20C |
SEME |
Reference |
:4!c//16x | 4 |
|
M |
23G |
|
|
4!c[/4!c] | 5 |
|
-----> |
||||||
M |
98a |
4!c |
Date/Time |
A, C, or E | 6 |
|
-----| |
||||||
-----> Optional Repetitive Subsequence A1 Linkages |
||||||
M |
16R |
|
|
LINK | 7 |
|
O |
13a |
LINK |
Number Identification |
A or B | 8 |
|
M |
20C |
4!c |
Reference |
:4!c//16x | 9 |
|
M |
16S |
|
|
LINK | 10 |
|
-----| End of Subsequence A1 Linkages |
||||||
O |
95a |
ACOW |
Party |
P or R | 11 |
|
O |
97a |
SAFE |
Account |
A or B | 12 |
|
M |
17B |
ACTI |
Flag |
:4!c//1!a | 13 |
|
M |
16S |
|
|
GENL | 14 |
|
End of Sequence A General Information |
||||||
-----> Optional Repetitive Sequence B Financial Instrument |
||||||
M |
16R |
|
|
FIN | 15 |
|
M |
35B |
|
|
[ISIN1!e12!c] | 16 |
|
Optional Subsequence B1 Financial Instrument Attributes |
||||||
M |
16R |
|
|
FIA | 17 |
|
O |
94B |
PLIS |
Place |
:4!c/[8c]/4!c[/30x] | 18 |
|
-----> |
||||||
O |
22F |
4!c |
Indicator |
:4!c/[8c]/4!c | 19 |
|
-----| |
||||||
-----> |
||||||
O |
12a |
4!c |
Type of Financial Instrument |
A, B, or C | 20 |
|
-----| |
||||||
O |
11A |
DENO |
Currency |
:4!c//3!a | 21 |
|
-----> |
||||||
O |
98A |
4!c |
Date/Time |
:4!c//8!n | 22 |
|
-----| |
||||||
-----> |
||||||
O |
92A |
4!c |
Rate |
:4!c//[N]15d | 23 |
|
-----| |
||||||
-----> |
||||||
O |
13a |
4!c |
Number Identification |
A or B | 24 |
|
-----| |
||||||
-----> |
||||||
O |
17B |
4!c |
Flag |
:4!c//1!a | 25 |
|
-----| |
||||||
-----> |
||||||
O |
90a |
4!c |
Price |
A or B | 26 |
|
-----| |
||||||
-----> |
||||||
O |
36B |
4!c |
Quantity of Financial Instrument |
:4!c//4!c/15d | 27 |
|
-----| |
||||||
O |
70E |
FIAN |
Narrative |
:4!c//10*35x | 28 |
|
M |
16S |
|
|
FIA | 29 |
|
End of Subsequence B1 Financial Instrument Attributes |
||||||
-----> Optional Repetitive Subsequence B2 Order Details |
||||||
M |
16R |
|
|
ORDER | 30 |
|
O |
98a |
ORDR |
Date/Time |
A or C | 31 |
|
-----> |
||||||
O |
36B |
4!c |
Quantity of Financial Instrument |
:4!c//4!c/15d | 32 |
|
-----| |
||||||
-----> |
||||||
O |
19A |
4!c |
Amount |
:4!c//[N]3!a15d | 33 |
|
-----| |
||||||
O |
11A |
4!c |
Currency |
:4!c//3!a | 34 |
|
-----> Optional Repetitive Subsequence B2a Linkages |
||||||
M |
16R |
|
|
LINK | 35 |
|
O |
13a |
LINK |
Number Identification |
A or B | 36 |
|
M |
20C |
4!c |
Reference |
:4!c//16x | 37 |
|
M |
16S |
|
|
LINK | 38 |
|
-----| End of Subsequence B2a Linkages |
||||||
-----> Optional Repetitive Subsequence B2b Price |
||||||
M |
16R |
|
|
PRIC | 39 |
|
M |
90a |
4!c |
Price |
A or B | 40 |
|
O |
22F |
PRIC |
Indicator |
:4!c/[8c]/4!c | 41 |
|
M |
16S |
|
|
PRIC | 42 |
|
-----| End of Subsequence B2b Price |
||||||
-----> |
||||||
M |
22a |
4!c |
Indicator |
F or H | 43 |
|
-----| |
||||||
-----> |
||||||
O |
98a |
4!c |
Date/Time |
A or C | 44 |
|
-----| |
||||||
-----> Optional Repetitive Subsequence B2c Trading Parties |
||||||
M |
16R |
|
|
TRADPRTY | 45 |
|
-----> |
||||||
M |
95a |
4!c |
Party |
P, Q, R, or S | 46 |
|
-----| |
||||||
O |
97a |
SAFE |
Account |
A or B | 47 |
|
O |
98a |
PROC |
Date/Time |
A or C | 48 |
|
O |
20C |
PROC |
Reference |
:4!c//16x | 49 |
|
-----> |
||||||
O |
70a |
4!c |
Narrative |
C or E | 50 |
|
-----| |
||||||
O |
22F |
TRCA |
Indicator |
:4!c/[8c]/4!c | 51 |
|
M |
16S |
|
|
TRADPRTY | 52 |
|
-----| End of Subsequence B2c Trading Parties |
||||||
M |
16S |
|
|
ORDER | 53 |
|
-----| End of Subsequence B2 Order Details |
||||||
M |
16S |
|
|
FIN | 54 |
|
-----| End of Sequence B Financial Instrument |
||||||
Optional Sequence C Additional Information |
||||||
M |
16R |
|
|
ADDINFO | 55 |
|
-----> |
||||||
O |
95a |
4!c |
Party |
P, Q, or R | 56 |
|
-----| |
||||||
M |
16S |
|
|
ADDINFO | 57 |
|
End of Sequence C Additional Information |
||||||
C1 If the Activity Flag (field :17B::ACTI) in sequence A General Information indicates no pending transactions, that is, N, then sequence B Financial Instrument must not be present.
Sequence A If field :17B::ACTI is ... |
Sequence B is ... |
|---|---|
N |
Not allowed |
Y |
Mandatory |
C2 The Safekeeping Account (field :97a::SAFE) must be identified in sequence A General Information, or in all occurrences of subsequence B2c Trading Parties, but not in both.
Sequence A if field :97a::SAFE is ... |
Then subsequence B2c is ... |
And in all occurrences of subsequence B2c field :97a::SAFE is ... |
|---|---|---|
Present |
Optional |
Not allowed |
Not present |
Mandatory (that is, minimum one occurrence of subsequence B2c) |
Mandatory in all occurrences of subsequence B2c |
C3 If the message is a cancellation, that is, Function of the Message (field 23G) is CANC, then subsequence A1 (Linkages) must be present at least once in the message, and in one and only one occurrence of A1, field :20C::PREV must be present; consequently, in all other occurrences of A1, field :20C::PREV is not allowed.
Sequence A if field :23G: is ... |
Then subsequence A1 is ... |
And field :20C::PREV is ... |
|---|---|---|
CANC |
Mandatory (minimum one occurrence of A1 must be present) |
Mandatory in one occurrence of subsequence A1, and not allowed in all other occurrences of subsequence A1 |
NEWM |
Optional |
NA |
C4 In each occurrence of subsequence B2, either an ordered quantity (field :36B::ORDR) or an ordered amount (field :19A::ORDR) must be present, but not both; in addition, if field 36B is present then field 19A must not be present, and vice versa if field 19A is present then field 36B must not be present.
In each occurrence of subsequence B2 if field :36B:: is ... |
In the same occurrence of subsequence B2 then field :36B::ORDR is ... |
In the same occurrence of subsequence B2 and field :19A: is ... |
|---|---|---|
Present |
Mandatory |
Not allowed |
Not present |
NA |
:19A::ORDR is Mandatory |
When a broker is identified as a confirming party, the party capacity (:22F::TRCA) must be specified.
When the statement is sent for a date on which no orders are open, this must be specified in the activity flag.
Since a SWIFT statement message as sent, is restricted to maximum input message length of 10,000 characters, it is possible that several messages may be needed to accommodate all the information.
The Receiver of a request to cancel must advise the requesting party that the request has been accepted or denied in an MT 509 Trade Status Message.