MT541: (30) Field 35B: Identification of the Financial Instrument

FORMAT

Option B [ISIN1!e12!c]
[4*35x]
(Identification of Security)
(Description of Security)

PRESENCE

Optional in optional subsequence B1

DEFINITION

This field identifies the underlying financial instrument.

NETWORK VALIDATED RULES

At least Identification of a Security (Subfield 1) or Description of Security (Subfield 2) must be present; both may be present .

ISIN is used at the beginning of Identification of Security (Subfield 1) and must be composed of uppercase letters only .

USAGE RULES

The financial Instrument field 35B in the Financial Instrument Attributes subsequence must only be used for the identification of the underlying instrument(s) of a derivative. It must not be used, for example, for the listing of the underlying securities of an index.

When used in Description of Security (Subfield 2), codes must start and end with a slash '/'.

When an ISIN identifier is not used, one of the following codes must be used as the first four characters of the Description of Security (Subfield 2):

[/2!a/]

The ISO two-digit country code, followed by the national scheme number.

[/TS/]

Followed by the ticker symbol.

[/XX/]

Bilaterally agreed or proprietary scheme which may be further identified by a code or short description identifying the scheme used.

When available, ISIN must be used.

EXAMPLE

An ISIN will be identified as follows:

:35B:ISIN US0123456704

A SEDOL will be identified as follows:

:35B:/GB/0123456

A CUSIP will be identified as follows:

:35B:/US/012345670

A proprietary scheme will be identified as follows:

:35B:/XX/SCHEMEUSED 0123456700