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.
advise the status of an order/trade.
advise the status of a replacement request
advise the status of a cancellation request.
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 |
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| M | 16R | Start of Block | GENL | 1 | ||
| M | 20C | SEME | Reference | Sender's Message Reference | :4!c//16x | 2 |
| M | 23G | Function of the Message | 4!c[/4!c] | 3 | ||
| O | 98a | PREP | Date/Time | Preparation Date/Time | A or C | 4 |
-----> Optional Repetitive Subsequence A1 Linkages |
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| M | 16R | Start of Block | LINK | 5 | ||
| O | 13a | LINK | Number Identification | Linked Message | A or B | 6 |
| M | 20C | 4!c | Reference | (see qualifier description) | :4!c//16x | 7 |
| M | 16S | End of Block | LINK | 8 | ||
-----| End of Subsequence A1 Linkages |
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-----> Mandatory Repetitive Subsequence A2 Status |
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| M | 16R | Start of Block | STAT | 9 | ||
| M | 25D | 4!c | Status Code | (see qualifier description) | :4!c/[8c]/4!c | 10 |
-----> Optional Repetitive Subsequence A2a Reason |
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| M | 16R | Start of Block | REAS | 11 | ||
| M | 24B | 4!c | Reason Code | (see qualifier description) | :4!c/[8c]/4!c | 12 |
| O | 70D | REAS | Narrative | Reason Narrative | :4!c//6*35x | 13 |
| M | 16S | End of Block | REAS | 14 | ||
-----| End of Subsequence A2a Reason |
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| M | 16S | End of Block | STAT | 15 | ||
-----| End of Subsequence A2 Status |
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| M | 16S | End of Block | GENL | 16 | ||
End of Sequence A General Information |
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Optional Sequence B Trade Details |
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| M | 16R | Start of Block | TRADE | 17 | ||
-----> |
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| O | 98a | 4!c | Date/Time | (see qualifier description) | A, B, or C | 18 |
-----| |
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| O | 11A | 4!c | Currency | (see qualifier description) | :4!c//3!a | 19 |
-----> |
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| M | 22a | 4!c | Indicator | (see qualifier description) | F or H | 20 |
-----| |
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| O | 95a | ACOW | Party | Account Owner | P or R | 21 |
| O | 97a | SAFE | Account | Safekeeping Account | A or B | 22 |
-----> Optional Repetitive Subsequence B1 Trading Parties |
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| M | 16R | Start of Block | TRADPRTY | 23 | ||
-----> |
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| M | 95a | 4!c | Party | (see qualifier description) | P, Q, R, or S | 24 |
-----| |
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-----> |
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| O | 97a | 4!c | Account | (see qualifier description) | A or B | 25 |
-----| |
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| O | 98a | PROC | Date/Time | Processing Date/Time | A or C | 26 |
| O | 20C | PROC | Reference | Processing Reference | :4!c//16x | 27 |
-----> |
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| O | 70a | 4!c | Narrative | (see qualifier description) | C or E | 28 |
-----| |
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-----> |
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| O | 22F | 4!c | Indicator | (see qualifier description) | :4!c/[8c]/4!c | 29 |
-----| |
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| M | 16S | End of Block | TRADPRTY | 30 | ||
-----| End of Subsequence B1 Trading Parties |
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-----> |
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| O | 19A | 4!c | Amount | (see qualifier description) | :4!c//[N]3!a15d | 31 |
-----| |
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-----> |
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| O | 36B | 4!c | Quantity of Financial Instrument | (see qualifier description) | :4!c//4!c/15d | 32 |
-----| |
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| M | 35B | Identification of the Financial Instrument | [ISIN1!e12!c] [4*35x] |
33 | ||
| M | 16S | End of Block | TRADE | 34 | ||
End of Sequence B Trade Details |
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Optional Sequence C Additional Information |
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| M | 16R | Start of Block | ADDINFO | 35 | ||
-----> |
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| O | 95a | 4!c | Party | (see qualifier description) | P, Q, or R | 36 |
-----| |
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| M | 16S | End of Block | ADDINFO | 37 | ||
End of Sequence C Additional Information |
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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 Subseq. A2 Status |
|
In each occurrence of Subseq. A2a Reason (if present) if field 24B:: is ... |
then in Subseq. A2 Status field :25D:: must be ... if the Data Source Scheme is present in field :25D:: then the conditional rule does not apply. |
: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.