propose new collateral at the initiation of an exposure
propose additional collateral at variation of exposure
This message may or may not be sent as an answer to a collateral claim.
This message is also used by the giver to request the cancellation of a previously sent collateral proposal.
This message must not be used to initiate a substitution.
re-send a message previously sent (Subfunction of the message is DUPL)
provide a third party with a copy of the message for information (Subfunction of the message is COPY)
re-send to a third party a copy of the message for information (Subfunction of the message is CODU).
| Status | Tag | Qualifier | Generic Field Name | Detailed Field Name | Content/Options | No. |
Mandatory Sequence A General Information |
||||||
| M | 16R | Start of Block | GENL | 1 | ||
-----> |
||||||
| M | 20C | 4!c | Reference | (see qualifier description) | :4!c//16x | 2 |
-----| |
||||||
| M | 23G | Function of the Message | 4!c[/4!c] | 3 | ||
-----> Mandatory Repetitive Subsequence A1 Agreement |
||||||
| M | 16R | Start of Block | AGRE | 4 | ||
| O | 22F | AGRE | Indicator | Agreement Indicator | :4!c/[8c]/4!c | 5 |
| O | 98A | AGRE | Date | Agreement Date | :4!c//8!n | 6 |
| O | 13B | AGRE | Number | Agreement Version Number | :4!c/[8c]/30x | 7 |
| O | 70C | AGRE | Narrative | Agreement Narrative | :4!c//4*35x | 8 |
| M | 16S | End of Block | AGRE | 9 | ||
-----| End of Subsequence A1 Agreement |
||||||
| O | 98a | PREP | Date/Time | Preparation Date/Time | A or C | 10 |
-----> |
||||||
| M | 22a | 4!c | Indicator | (see qualifier description) | F or H | 11 |
-----| |
||||||
-----> |
||||||
| M | 95a | 4!c | Party | (see qualifier description) | P, Q, or R | 12 |
-----| |
||||||
| O | 70C | PACO | Narrative | Party Narrative | :4!c//4*35x | 13 |
-----> Optional Repetitive Subsequence A2 Linkages |
||||||
| M | 16R | Start of Block | LINK | 14 | ||
| O | 13a | LINK | Number Identification | Linked Message | A or B | 15 |
| M | 20C | 4!c | Reference | (see qualifier description) | :4!c//16x | 16 |
| M | 16S | End of Block | LINK | 17 | ||
-----| End of Subsequence A2 Linkages |
||||||
| M | 16S | End of Block | GENL | 18 | ||
End of Sequence A General Information |
||||||
Mandatory Sequence B Summary |
||||||
| M | 16R | Start of Block | SUMM | 19 | ||
| M | 95a | EXPP | Party | Exposed Party | P, Q, or R | 20 |
-----> |
||||||
| M | 19B | 4!c | Amount | (see qualifier description) | :4!c//3!a15d | 21 |
-----| |
||||||
Optional Subsequence B1 Summary Details |
||||||
| M | 16R | Start of Block | SUMD | 22 | ||
-----> |
||||||
| O | 19B | 4!c | Amount | (see qualifier description) | :4!c//3!a15d | 23 |
-----| |
||||||
-----> |
||||||
| O | 98a | 4!c | Date/Time | (see qualifier description) | A or C | 24 |
-----| |
||||||
| M | 16S | End of Block | SUMD | 25 | ||
End of Subsequence B1 Summary Details |
||||||
| M | 16S | End of Block | SUMM | 26 | ||
End of Sequence B Summary |
||||||
-----> Mandatory Repetitive Sequence C Collateral Details |
||||||
| M | 16R | Start of Block | COLD | 27 | ||
| M | 20C | COLR | Reference | Collateral Reference | :4!c//16x | 28 |
-----> |
||||||
| M | 22a | 4!c | Indicator | (see qualifier description) | F or H | 29 |
-----| |
||||||
| O | 98A | SETT | Date | Settlement Date | :4!c//8!n | 30 |
Optional Subsequence C1 Securities Collateral Details |
||||||
| M | 16R | Start of Block | SCOL | 31 | ||
| M | 35B | Identification of Financial Instrument | [ISIN1!e12!c] [4*35x] |
32 | ||
| M | 36B | COLL | Quantity of Financial Instrument | Quantity of Securities Collateral | :4!c//4!c/15d | 33 |
| O | 17B | OWNF | Flag | Ownership Flag | :4!c//1!a | 34 |
Optional Subsequence C1a Settlement Details |
||||||
| M | 16R | Start of Block | SETDET | 35 | ||
-----> |
||||||
| M | 22a | 4!c | Indicator | (see qualifier description) | F or H | 36 |
-----| |
||||||
-----> Optional Repetitive Subsequence C1a1 Settlement Parties |
||||||
| M | 16R | Start of Block | SETPRTY | 37 | ||
-----> |
||||||
| M | 95a | 4!c | Party | (see qualifier description) | C, P, Q, R, or S | 38 |
-----| |
||||||
| O | 97a | SAFE | Account | Safekeeping Account | A or B | 39 |
| O | 70C | PACO | Narrative | Party Narrative | :4!c//4*35x | 40 |
| M | 16S | End of Block | SETPRTY | 41 | ||
-----| End of Subsequence C1a1 Settlement Parties |
||||||
| M | 16S | End of Block | SETDET | 42 | ||
End of Subsequence C1a Settlement Details |
||||||
| M | 16S | End of Block | SCOL | 43 | ||
End of Subsequence C1 Securities Collateral Details |
||||||
Optional Subsequence C2 Cash Collateral Details |
||||||
| M | 16R | Start of Block | CCOL | 44 | ||
| M | 19B | DEPO | Amount | Deposit Amount | :4!c//3!a15d | 45 |
| M | 22H | DEPO | Indicator | Type of Deposit Indicator | :4!c//4!c | 46 |
| O | 98A | TERM | Date | Maturity Date | :4!c//8!n | 47 |
Optional Subsequence C2a Cash Settlement Details |
||||||
| M | 16R | Start of Block | CASHSET | 48 | ||
| O | 22F | STCO | Indicator | Settlement Transaction Condition Indicator | :4!c/[8c]/4!c | 49 |
-----> Optional Repetitive Subsequence C2a1 Cash Parties |
||||||
| M | 16R | Start of Block | CSHPRTY | 50 | ||
-----> |
||||||
| M | 95a | 4!c | Party | (see qualifier description) | P, Q, R, or S | 51 |
-----| |
||||||
-----> |
||||||
| O | 97A | 4!c | Account | (see qualifier description) | :4!c//35x | 52 |
-----| |
||||||
| O | 70C | PACO | Narrative | Party Narrative | :4!c//4*35x | 53 |
| M | 16S | End of Block | CSHPRTY | 54 | ||
-----| End of Subsequence C2a1 Cash Parties |
||||||
| M | 16S | End of Block | CASHSET | 55 | ||
End of Subsequence C2a Cash Settlement Details |
||||||
| M | 16S | End of Block | CCOL | 56 | ||
End of Subsequence C2 Cash Collateral Details |
||||||
Optional Subsequence C3 Other Collateral Details |
||||||
| M | 16R | Start of Block | BCOL | 57 | ||
| M | 22H | BCOL | Indicator | Type of Other Collateral Indicator | :4!c//4!c | 58 |
-----> |
||||||
| M | 98a | 4!c | Date/Time | (see qualifier description) | A or B | 59 |
-----| |
||||||
| M | 95a | ISSU | Party | Issuer | P, Q, or R | 60 |
| M | 19B | 4!c | Amount | (see qualifier description) | :4!c//3!a15d | 61 |
| M | 16S | End of Block | BCOL | 62 | ||
End of Subsequence C3 Other Collateral Details |
||||||
| M | 16S | End of Block | COLD | 63 | ||
-----| End of Sequence C Collateral Details |
||||||
Optional Sequence D Settlement Details |
||||||
| M | 16R | Start of Block | SETDET1 | 64 | ||
-----> |
||||||
| M | 22a | 4!c | Indicator | (see qualifier description) | F or H | 65 |
-----| |
||||||
-----> Optional Repetitive Subsequence D1 Settlement Parties |
||||||
| M | 16R | Start of Block | SETPRTY1 | 66 | ||
-----> |
||||||
| M | 95a | 4!c | Party | (see qualifier description) | C, P, Q, R, or S | 67 |
-----| |
||||||
| O | 97a | SAFE | Account | Safekeeping Account | A or B | 68 |
| O | 70C | PACO | Narrative | Party Narrative | :4!c//4*35x | 69 |
| M | 16S | End of Block | SETPRTY1 | 70 | ||
-----| End of Subsequence D1 Settlement Parties |
||||||
| M | 16S | End of Block | SETDET1 | 71 | ||
End of Sequence D Settlement Details |
||||||
Optional Sequence E Cash Settlement Details |
||||||
| M | 16R | Start of Block | CASHSET1 | 72 | ||
| O | 22F | STCO | Indicator | Settlement Transaction Condition Indicator | :4!c/[8c]/4!c | 73 |
-----> Optional Repetitive Subsequence E1 Cash Parties |
||||||
| M | 16R | Start of Block | CSHPRTY1 | 74 | ||
-----> |
||||||
| M | 95a | 4!c | Party | (see qualifier description) | P, Q, R, or S | 75 |
-----| |
||||||
-----> |
||||||
| O | 97A | 4!c | Account | (see qualifier description) | :4!c//35x | 76 |
-----| |
||||||
| O | 70C | PACO | Narrative | Party Narrative | :4!c//4*35x | 77 |
| M | 16S | End of Block | CSHPRTY1 | 78 | ||
-----| End of Subsequence E1 Cash Parties |
||||||
| M | 16S | End of Block | CASHSET1 | 79 | ||
End of Sequence E Cash Settlement Details |
||||||
Optional Sequence F Additional Information |
||||||
| M | 16R | Start of Block | ADDINFO | 80 | ||
-----> |
||||||
| O | 95a | 4!c | Party | (see qualifier description) | P, Q, or R | 81 |
-----| |
||||||
| M | 16S | End of Block | ADDINFO | 82 | ||
End of Sequence F Additional Information |
||||||
C1. If the message is a cancellation, ie, Function of the Message (field 23G) is CANC, then subsequence A2 (Linkages) must be present at least once in the message, and in one and only in one occurrence of A2, field :20C::PREV must be present; consequently, in all other occurrences of A2, field :20C::PREV is not allowed (Error code(s): E08). .
Sequence A if field :23G: is ... |
then subsequence A2 is ... |
and field :20C::PREV is ... |
CANC |
Mandatory (minimum one occurrence of A2 must be present) |
Mandatory in one occurrence of subseq. A2, and not allowed in all other occurrences of subseq. A2 |
NEWM |
Optional |
Not Applicable |
C2. In sequence A, if field :20C::SCTR is not present, then field :20C::RCTR is mandatory, otherwise field :20C::RCTR is optional .
Sequence A if field :20C::SCTR is ... |
Sequence A then field :20C::RCTR is ... |
Not Present |
Mandatory |
Present |
Optional |
C3. In sequence B, if field :19B::TEXA is not present, then field :19B::TCRL is mandatory, otherwise field :19B::TCRL is optional .
Sequence B if field :19B::TEXA is ... |
Sequence B then field :19B::TCRL is ... |
Not Present |
Mandatory |
Present |
Optional |
C4. In each occurrence of sequence C, the presence of subsequences C1, C2 and C3 depends on the value of field :22H::COLL//<Indicator> as follows :
In each occurrence of sequence C if field :22H::COLL//4!c is ... |
In the same occurrence of sequence C then subsequence C1 is ... |
In the same occurrence of sequence C and subsequence C2 is ... |
In the same occurrence of sequence C and subsequence C3 is ... |
BCOL |
Not allowed |
Not allowed |
Mandatory |
CCOL |
Not allowed |
Mandatory |
Not allowed |
SCOL |
Mandatory |
Not allowed |
Not allowed |
C5. In each occurrence of subsequence C2, the presence of field :98A::TERM depends on the value of field :22H::DEPO//<Indicator> as follows :
In each occurrence of subsequence C2 if field :22H::DEPO//4!c is ... |
In the same occurrence of subsequence C2 then field :98A::TERM is ... |
FIXT |
Mandatory |
CLNT |
Not allowed |
C6. In each occurrence of subsequence C3, if field :22H::BCOL//LCOL is present, then field :98B::EXPI//OPEN (ie, Qualifier = EXPI, Data Source Scheme not present and Date Code = OPEN) is not allowed, otherwise field :98B::EXPI//OPEN is optional .
In each occurrence of subsequence C3 if field :22H::BCOL//LCOL is ... |
In the same occurrence of subsequence C3 then field :98B::EXPI//OPEN is ... |
Present |
Not allowed |
Not present |
Optional |
C7. Sequence D is mandatory when in any occurrence of sequence C the subsequence C1 is present and the subsequence C1a is not present .
In sequence(s) C |
then sequence D is ... |
If in one (or more) occurrence(s) of sequence C: subsequence C1 is present and an internal subsequence C1a is not present |
Mandatory |
C8. Sequence D is not allowed when for all occurrences of sequence C either the subsequence C1 is not present, or C1a is present in all occurrences of C1 .
If sequence D is ... |
then in sequence(s) C |
Present |
In one (or more) occurrence(s) of sequence C: subsequence C1 must be present and an internal subsequence C1a must not be present |
C9. Sequence E is mandatory when in any occurrence of sequence C the subsequence C2 is present and the subsequence C2a is not present .
In sequence(s) C |
then sequence E is ... |
If in one (or more) occurrence(s) of sequence C:subsequence C2 is present and an internal subsequence C2a is not present |
Mandatory |
C10. Sequence E is not allowed when for all occurrences of sequence C either the subsequence C2 is not present, or C2a is present in all occurrences of C2 .
If sequence E is ... |
then in sequence(s) C |
Present |
In one (or more) occurrence(s) of sequence C:subsequence C2 must be present and an internal subsequence C2a must not be present |
C11. In each occurrence of sequence C, for subsequences C1a1 and C2a1, the following party fields cannot appear more than once .
Subsequence C1a1 |
Subsequence C2a1 |
:95a::BUYR |
:95a::ACCW |
:95a::DEAG |
:95a::BENM |
:95a::DECU |
:95a::PAYE |
:95a::DEI1 |
|
:95a::DEI2 |
|
:95a::PSET |
|
:95a::REAG |
|
:95a::RECU |
|
:95a::REI1 |
|
:95a::REI2 |
|
:95a::SELL |
|
In sequences D and E, for subsequences D1 and E1, the following party fields cannot appear more than once :
Subsequence D1 |
Subsequence E1 |
:95a::BUYR |
:95a::ACCW |
:95a::DEAG |
:95a::BENM |
:95a::DECU |
:95a::PAYE |
:95a::DEI1 |
|
:95a::DEI2 |
|
:95a::PSET |
|
:95a::REAG |
|
:95a::RECU |
|
:95a::REI1 |
|
:95a::REI2 |
|
:95a::SELL |
|
In each occurrence of sequence C, if subsequence C1a1 Securities Settlement Parties is present, then field :95a::DEAG must be present in one and only one occurrence of subsequence C1a1 within the same occurrence of sequence C.
In sequence D (if present), if subsequence D1 Securities Settlement Parties is present, then field :95a::DEAG must be present in one and only one occurrence of subsequence D1 .
See also Network Validated Rule C11 .
C13. In each occurrence of sequence C, if a qualifier from the list Deliverers is present in one occurrence of subsequence C1a1 in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Deliverers (see below) must be present in other subsequences C1a1 of the same occurrence of sequence C .
If :95a::DEI2 is present in subsequence C1a1, then :95a::DEI1 must be present in another subsequence C1a1.
If :95a::DEI1 is present in subsequence C1a1, then :95a::DECU must be present in another subsequence C1a1.
If :95a::DECU is present in subsequence C1a1, then :95a::SELL must be present in another subsequence C1a1.
In each occurrence of sequence C, if a qualifier from the list Receivers is present in one occurrence of subsequence C1a1 in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Receivers (see below) must be present in other subsequences C1a1 of the same occurrence of sequence C .
If :95a::REI2 is present in subsequence C1a1, then :95a::REI1 must be present in another subsequence C1a1.
If :95a::REI1 is present in subsequence C1a1, then :95a::RECU must be present in another subsequence C1a1.
If :95a::RECU is present in subsequence C1a1, then :95a::BUYR must be present in another subsequence C1a1.
Deliverers |
|
Receivers |
|
DEI2 |
Deliverer's Intermediary 2 |
REI2 |
Receiver's Intermediary 2 |
DEI1 |
Deliverer's Intermediary 1 |
REI1 |
Receiver's Intermediary 1 |
DECU |
Deliverer's Custodian |
RECU |
Receiver's Custodian |
SELL |
Seller (Deliverer) |
BUYR |
Buyer (Receiver) |
In sequence D, if a qualifier from the list Deliverers is present in one occurrence of subsequence D1 in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Deliverers (see below) must be present in other subsequences D1 .
If :95a::DEI2 is present in subsequence D1, then :95a::DEI1 must be present in another subsequence D1.
If :95a::DEI1 is present in subsequence D1, then :95a::DECU must be present in another subsequence D1.
If :95a::DECU is present in subsequence D1, then :95a::SELL must be present in another subsequence D1.
In sequence D, if a qualifier from the list Receivers is present in one occurrence of subsequence D1 in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Receivers (see below) must be present in other subsequences D1 .
If :95a::REI2 is present in subsequence D1, then :95a::REI1 must be present in another subsequence D1.
If :95a::REI1 is present in subsequence D1, then :95a::RECU must be present in another subsequence D1.
If :95a::RECU is present in subsequence D1, then :95a::BUYR must be present in another subsequence D1.
Deliverers |
|
Receivers |
|
DEI2 |
Deliverer's Intermediary 2 |
REI2 |
Receiver's Intermediary 2 |
DEI1 |
Deliverer's Intermediary 1 |
REI1 |
Receiver's Intermediary 1 |
DECU |
Deliverer's Custodian |
RECU |
Receiver's Custodian |
SELL |
Seller (Deliverer) |
BUYR |
Buyer (Receiver) |
C14. In each occurrence of subsequence C1a, the presence of subsequence C1a1 depends on the presence of field :22F::STCO//NSSP as follows :
In each occurrence of subsequence C1a if field :22F::STCO//NSSP is ... if the Data Source Scheme is present in field :22F::STCO//NSSP then the conditional rule does not apply. |
In the same occurrence of subsequence C1a then subsequence C1a1 is ... |
Not present |
Optional |
Present |
Mandatory |
C15. In each occurrence of subsequence C2a, the presence of subsequence C2a1 depends on the presence of field :22F::STCO//NSSP as follows :
In each occurrence of subsequence C2a if field :22F::STCO//NSSP is ... if the Data Source Scheme is present in field :22F::STCO//NSSP then the conditional rule does not apply. |
In the same occurrence of subsequence C2a then subsequence C2a1 is ... |
Not present |
Optional |
Present |
Mandatory |
C16. In sequence D, the presence of the subsequence D1 depends on presence of field :22F::STCO//NSSP as follows :
Sequence D if field :22F::STCO//NSSP is ... if the Data Source Scheme is present in field :22F::STCO//NSSP then the conditional rule does not apply. |
then subsequence D1 is ... |
Not present |
Optional |
Present |
Mandatory |
C17. In sequence E, the presence of the subsequence E1 depends on presence of field :22F::STCO//NSSP as follows :
Sequence E if field :22F::STCO//NSSP is ... if the Data Source Scheme is present in field :22F::STCO//NSSP then the conditional rule does not apply. |
then subsequence E1 is ... |
Not present |
Optional |
Present |
Mandatory |
C18. In each occurrence of subsequence A1, if field :22F::AGRE is not present, then field :70C::AGRE is mandatory, otherwise field :70C::AGRE is optional .
In each occurrence of subsequence A1 if field :22F::AGRE is |
In the same occurrence of subsequence A1 then field :70C::AGRE is ... |
Not present |
Mandatory |
Present |
Optional |
C19. In subsequence B1, fields 16R and 16S may not be the only fields present. If both fields 16R and 16S are present, then at least one of the other fields of the same subsequence must be present .
C20. The user header of the message (block 3) is mandatory and must contain a valid code in the Validation Flag field 119 ( {3:{119:xxxx}} ). This code must be identical to the code contained in field :22a::COLA//xxxx (Exposure Type Indicator) in sequence A of the message content (text block 4) .
The exchange of information related to the trade itself as well as to the settlement of the collateral is done with the existing confirmation and settlement messages of the relevant categories (categories 2, 3, 5, 7, 9).