MT527: (20) 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 conditional (see rule C3) sequence B

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 instrument was traded.

CODES

If Qualifier is TRAD and 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.
PRIM	Primary Market	Trade was executed on a primary market.
SECM	Secondary Market	Trade was executed on a secondary market.

NETWORK VALIDATED RULES

Narrative (Format Option B) must not start or end with a slash '/' and not contain two consecutive slashes '//' .

USAGE RULES

When Place Code is OTCO, Narrative may specify the system, eg, OTCO/TELEKURS. When Place Code is EXCH, Narrative must specify the Market Identifier Code (MIC).