| Option A | :4!c//8!n | (Qualifier)(Date) |
| Option B | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Date Code) |
| Option C | :4!c//8!n6!n | (Qualifier)(Date)(Time) |
| Option E | :4!c//8!n6!n[,3n][/[N]2!n[2!n]] | (Qualifier)(Date)(Time)(Decimals)(UTC Indicator) |
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
1 |
M |
SETT |
N |
|
A, B, or C |
Settlement Date/Time |
2 |
O |
TRAD |
N |
|
A, B, C, or E |
Trade Date/Time |
3 |
O |
ADEL |
N |
|
A or C |
Late Delivery Date/Time |
4 |
O |
CERT |
N |
|
A, B, or C |
Certification Date/Time |
This qualified generic field specifies:
ADEL |
Late Delivery Date/Time |
Date/time after the settlement date specified in the trade, used for pool trades resulting from the original To Be Assigned (TBA) securities. |
CERT |
Certification Date/Time |
Date/time at which the certificates in the deposit were validated by the agent. |
SETT |
Settlement Date/Time |
Date/time at which the financial instruments are to be delivered or received. |
TRAD |
Trade Date/Time |
Date/time at which trade was executed. |
In option B, if Qualifier is SETT and Data Source Scheme is not present, Date Code must contain one of the following codes :
SEOP |
Seller's Option |
Settlement is to be completed at the seller's option. |
TBAT |
To be Announced |
Settlement is to be done as a result of a 'to be announced' trade. |
WDIS |
When Distributed |
Settlement is to be done when the security is distributed. |
WIDI |
When Issued or Distributed |
Settlement is to be done when the security is issued or distributed. |
WISS |
When Issued |
Settlement is to be done when the security is issued. |
In option B, if Qualifier is TRAD and Data Source Scheme is not present, Date Code must contain the following code :
VARI |
Various |
Partial trades have occurred over a period of two or more days. |
Date must be a valid date expressed as YYYYMMDD .
Time must be a valid time expressed as HHMMSS .
Sign must not be used when UTC Indicator is equal to all zeroes .
ADEL, Late delivery date is used for pool trades that result from the original TBA's. (the original TBA's would be offset by an opposite transaction and replaced by buys or sells of individual pools). It is a date greater than the settlement date stated in the trade, for pools designed as settling late.
In addition to the settlement date (ISO 15022 mandatory), trade date is one of the 10 common elements recommended by SMPG for equities and fixed income settlement instructions.
For more details, see the relevant market practice document on www.smpg.info
Trade date/time is the 23rd of October 2006, at 12:35 and 48 seconds, 2 tenths of a second
:98E::TRAD//20061023123548,2
Trade date/time is the 23rd of October 2006, at 12:35 and 48 seconds, 25 hundreds of a second, UTC time +2
:98E::TRAD//20061023123548,25/02
Trade date/time is the 23rd of October 2006, at 12:35 and 48 seconds, UTC time - 4
:98E::TRAD//20061023123548/N04
Trade date/time is the 23rd of October 2006, at 12:35 and 48 seconds, UTC time - 2h30
98E::TRAD//20061023123548/N0230