MT528: (19) Field 22a: Indicator

QUALIFIER

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	BUSE	N		H	Buy/Sell Indicator
2	O	PRIC	N		F	Type of Price Indicator
3	O	PROC	N		F	Processing Indicator
4	O	RPOR	R		F	Reporting Indicator
5	O	PRIR	N		F	Priority Indicator
6	O	SETG	N		F	Settlement Instruction Generation Indicator
7	O	TTCO	R		F	Trade Transaction Condition Indicator
8	O	COST	N		F	Commission Type Indicator
9	M	PAYM	N		H	Payment Indicator
10	M	REDE	N		H	Receive/Deliver Indicator
11	O	INCA	N		F	Investor Capacity Indicator
12	O	TRCA	N		F	Party Capacity Indicator

DEFINITION

This qualified generic field specifies:

BUSE	Buy/Sell Indicator	Specifies whether the transaction relates to the sale or purchase of financial instruments.
COST	Commission Type Indicator	Specifies the commission sharing type under which the order is to be executed.
INCA	Investor Capacity Indicator	Role of the investor in the transaction.
PAYM	Payment Indicator	Specifies whether the instruction is free or against payment.
PRIC	Type of Price Indicator	Specifies the type of transaction price.
PRIR	Priority Indicator	Specifies the execution priority of the trade.
PROC	Processing Indicator	Specifies additional information relative to the processing of the trade.
REDE	Receive/Deliver Indicator	Specifies whether the transaction is a receipt or delivery of financial instruments.
RPOR	Reporting Indicator	Indicates information with regards to reporting
SETG	Settlement Instruction Generation Indicator	Specifies whether a settlement instruction must be generated by an Electronic Trade Confirmation (ETC) service provider.
TRCA	Party Capacity Indicator	Specifies the role of the party in the transaction.
TTCO	Trade Transaction Condition Indicator	Specifies the conditions under which the order/trade was executed.

CODES

In option H, if Qualifier is BUSE, Indicator must contain one of the following codes :

BUYI	Buy	Transaction is a purchase of financial instrument.
SELL	Sell	Transaction is a sale of financial instrument.

CODES

In option F, if Qualifier is PRIC and Data Source Scheme is not present, Indicator must contain one of the following codes :

AVER	Average Execution Price	Price is an average execution price.
AVOV	Override of the Average Price	Price is an override of the average price.
COMB	Combined Expenses	Price is a combined expenses price (used in the UK market).
NDIS	Net to Client Disclosed	Price is net to the client disclosed (used in the UK market).
NET1	Net Price 1	Price is a net price, ie, net of all charges, taxes or fees.
NET2	Net Price 2	Price is a net price, ie, net only of local broker's commission, local fees or local taxes.
NOGR	Notional Gross	Price is notional gross (used in the UK market).
NUND	Net to Client Undisclosed	Price is net to the client undisclosed (used in the UK market).
PARV	Par Value	Price is a par value or equal to the nominal or face value of the instrument.
RDAV	Rounded Average Price	Price is a rounded average price.

CODES

In option F, if Qualifier is PROC and Data Source Scheme is not present, Indicator must contain one of the following codes :

CLOP	Close Position.	Trade is to close a position.
OPEP	Open Position.	Trade is to open a position.

CODES

In option F, if Qualifier is RPOR and Data Source Scheme is not present, Indicator must contain one of the following codes :

DEFR	Deferred Report	The report is deferred, for example, because the order was executed in partial fills.
EXCH	Stock Exchange	Trade details are to be reported to a stock exchange. This stock exchange is identified in sequence D Other Parties.
TRRE	Trade Details Reported	Trade details are to be reported to a regulatory organisation. This stock regulatory organisation is identified in sequence D Other Parties.

CODES

In option F, if Qualifier is PRIR and Data Source Scheme is not present, Indicator must contain a numerical value in the range 0001 - 9999 where 0001 refers to the highest priority .

CODES

In option F, if Qualifier is SETG and Data Source Scheme is not present, Indicator must contain one of the following codes :

GENS	Instruction Generation by ETC Provider	Specifies if the ETC service provider is to generate a settlement instruction.
NOGE	Not Instruction Generation by ETC Provider	Specifies if the ETC service provider is not to generate a settlement instruction where a previous agreement to do so exists.

CODES

In option F, if Qualifier is TTCO and Data Source Scheme is not present, Indicator must contain one of the following codes :

BLKO	Block Order	Trade is a block trade, allocation instructions will follow.
BTEX	Best Execution	Trade was executed at best execution.
BTMI	Bought Minus	Bought minus indicator.
CBNS	Cum Bonus	Trade is executed cum bonus.
CCPN	Cum Coupon	Trade is executed cum coupon.
CDIV	Cum Dividend	Trade is executed cum dividend.
CRST	Cross Trade Allowed	Cross trades are allowed whereby buy and sell orders are offset without recording the trade on the exchange.
CRTS	Cum Rights	Trade is executed cum rights.
CWAR	Cum Warrants	Trade is executed cum warrants.
DIOR	Directed Order	Trade is executed with a specific trading party.
DORD	Direct Order	Trade is executed by a trading party other than the trading party to which the order is sent. In this case, the instructing party has traded with another broker which will subsequently send an advice of execution to the executing party.
FRAC	Fractional Parts Allowed	Fractional parts allowed.
GTDL	Guaranteed Delivery	Delivery of the financial instrument on settlement date is guaranteed.
MAPR	Market Price	The trade was executed at market price.
NCRS	No Cross Trade Allowed.	No cross trade allowed.
NEGO	Negociated Trade	A negotiated trade is a trade for which the price is not the one quoted but an improved one that is, negotiated price.
NMPR	Non-Market Price	The trade was executed outside of normal market conditions (eg, in the case of an iceberg order).
SETI	Sold Exempt	Trade is exempt from short-sale rules.
SPCU	Special Cum Dividend	Trade is executed with a special cum dividend, i.e., buying after the ex date and getting the dividend.
SPEX	Special Ex Dividend	Trade is executed with a special ex dividend, i.e., selling before the ex date without the coupon.
SPSI	Sold Plus	Sold plus indicator.
SSTI	Sold Short	Sold short indicator.
XBNS	Ex Bonus	Trade is executed ex bonus.
XCPN	Ex Coupon	Trade is executed ex coupon.
XDIV	Ex Dividend	Trade is executed ex dividend.
XRTS	Ex Rights	Trade is executed ex rights.
XWAR	Ex Warrants	Trade is executed ex warrants.

CODES

In option F, if Qualifier is COST and Data Source Scheme is not present, Indicator must contain one of the following codes :

CLDI	Per Client Agreement	Commission is as per client agreement.
FLAT	Flat Fee	Commission is a flat fee.
PERN	Percentage of Principal in Basis Points	Commission is a percentage of principal.
PERU	Per Unit	Commission is per unit of financial instrument.
PWCD	Percentage Commission Waived as Cash Discount	Commission is a percentage commission waived as cash discount.
PWEU	Percentage Commission Waived as Additional Units	Commission is a percentage commission waived as additional units.
SOFT	Soft Dollar Commission Sharing	Commission is a soft dollar percentage commission.
STEP	Commission Sharing Type is for Step-out Trade	Commission is for a step-out trade.

CODES

In option H, if Qualifier is PAYM, Indicator must contain one of the following codes :

APMT	Against Payment	Against payment.
FREE	Free	Free.

CODES

In option H, if Qualifier is REDE, Indicator must contain one of the following codes :

DELI	Delivery	Instruction to deliver securities.
RECE	Receipt	Instruction to receive securities.

CODES

In option F, 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.

CODES

In option F, if Qualifier is TRCA and Data Source Scheme is not present, Indicator must contain one of the following codes :

INFI	Investment Firm	Any legal person whose regular occupation or business is the provision of one or more investment services to third parties and/or the performance of one or more investment activities on a professional basis.
MKTM	Market Maker	Dealer or specialist that is trading for their own account in the OTC market. Market makers are expected to maintain an orderly market by being available to buy or sell.
MLTF	Multi-Lateral Trading Facility	Multilateral Trading Facility (MTF) is a multilateral system which brings together multiple third-party buying and selling interests in financial instruments in a way that results in a contract.
RMKT	Regulated Market	A regulated market is a market on which financial instruments can be traded according to rules defined by the stock exchange.
SINT	Systematic Internaliser	Firms which, on an organised, frequent and systematic basis, deal on their own account by executing client orders outside a regulated market or an MTF. SIs have the obligation to provide, and make public, a definite bid and offer quote for liquid securities.
TAGT	Transfer Agent	The party appointed by the Fund Management Company. It updates records of investor accounts to reflect the daily investor purchases, redemptions, switches, transfers, and re-registrations. It ensures the timely settlement of transactions, and may provide tax information to the investor and/or to its intermediaries. It may calculate, collect, and rebate commissions. It prepares and distributes confirmations reflecting transactions, resulting in unit or cash account movements to the investor or the investor's intermediary. It responds to inquiries concerning account status, and processes the income distribution.

Option F	:4!c/[8c]/4!c	(Qualifier)(Data Source Scheme)(Indicator)
Option H	:4!c//4!c	(Qualifier)(Indicator)