Description

Type: char

The side of this individual leg (multileg security).

See Side <54> field for description and values

Valid values:

  • 1 = Buy

    For Securities Financing indicates the receipt of securities or collateral.

  • 2 = Sell

    For Securities Financing indicates the delivery of securities or collateral.

  • 3 = Buy minus
  • 4 = Sell plus
  • 5 = Sell short
  • 6 = Sell short exempt
  • 7 = Undisclosed
  • 8 = Cross (orders where counterparty is an exchange, valid for all messages except IOI <6>)
  • 9 = Cross short
  • A = Cross short exempt
  • B = "As Defined" (for use with multileg instruments)
  • C = "Opposite" (for use with multileg instruments)
  • D = Subscribe (e.g. CIV)
  • E = Redeem (e.g. CIV)
  • F = Lend (FINANCING - identifies direction of collateral)
  • G = Borrow (FINANCING - identifies direction of collateral)
  • H = Sell undisclosed

    In the context of ESMA RTS 22, this allows for reporting of transactions where the investment firm (broker) is not able to determine whether the sell is a short sale transaction. Corresponds to RTS 22 "short selling indicator" value of 'UNDI'.

Used In