| Option F | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Indicator) |
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
1 |
O |
TRCA |
R |
|
F |
Party Capacity Indicator |
2 |
O |
INCA |
N |
|
F |
Investor Capacity Indicator |
This qualified generic field specifies:
INCA |
Investor Capacity Indicator |
Role of the investor in the transaction |
TRCA |
Party Capacity Indicator |
Specifies the role of the party in the transaction. |
If Qualifier is INCA and Data Source Scheme is not present, Indicator must contain one of the following codes :
ELIG |
Eligible Counterparty |
MiFID classification of counterparty. Eligible customers are the most sophisticated level of investor, able to opt out of some the protections afforded by conduct of business rules defined under MiFID. |
PROF |
Professional Client |
MiFID classification of counterparty. Professional customers are, for example, investment firms, credit institutions, insurance companies. |
RETL |
Retail Client |
MiFID classification of counterparty. Retail customers are the least sophisticated level of investor. |
If Qualifier is TRCA and Data Source Scheme is not present, Indicator must contain one of the following codes :
AGEN |
Trading as Agent |
Party is trading on behalf of his client. |
BAGN |
Acting as Agent for Customer and Other Person |
Party is acting as an agent for both customer and another person. |
CAGN |
Crossing as Agent |
Party is crossing on behalf of his client. |
CPRN |
Crossing as Principal |
Party is crossing for his own account. |
OAGN |
Acting as Agent for Person Other than Customer |
Party is acting as an agent for a person other than a customer. |
PRAG |
Acting as Agent for Some Executions and Principal |
Party is acting as an agent for some executions and principal for others. |
PRIN |
Trading as Principal |
Party is trading for his own account. |