MT513: (17) Field 94B: Place: Place of Trade

FORMAT

Option B :4!c/[8c]/4!c[/30x] (Qualifier)(Data Source Scheme)(Place Code)(Narrative)

PRESENCE

Optional in optional subsequence B1

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

TRAD

N

 

B

Place of Trade

DEFINITION

This qualified generic field specifies:

TRAD

Place of Trade

Place at which the order was traded.

CODES

If Data Source Scheme is not present, Place Code must contain one of the following codes :

EXCH

Stock Exchange

Trade was executed on a stock exchange.

OTCO

Over the Counter

Trade was executed over-the-counter (unregulated).

PRIM

Primary Market

Trade was executed on a primary market.

SECM

Secondary Market

Trade was executed on a secondary market.

VARI

Various

Trade was executed on various places.

NETWORK VALIDATED RULES

Narrative must not start or end with a slash '/' and not contain two consecutive slashes '//' .

USAGE RULES

When Place Code is OTCO, Narrative must specify the system, eg, OTCO/TELEKURS. When Place Code is EXCH, Narrative must specify the Market Identifier Code (MIC), eg, EXCH/XNYS for the New York Stock Exchange.