Description
Type: int
Specifies the post-execution trade continuation or lifecycle event. Additional values may be used by mutual agreement of the counterparties.
Valid values:
- 0 = Novation
- 1 = Partial novation
-
2 = Trade unwind
"Trade" includes "Swaps".
-
3 = Partial trade unwind
"Trade" includes "Swaps".
- 4 = Exercise
-
5 = Compression/Netting
Compression (used for OTC derivative trades) and Netting (used for Futures trades) are essentially the same business process, i.e. rolling up closely related contracts into a single trade or position.
- 6 = Full netting
- 7 = Partial netting
-
8 = Amendment
Based on mutual agreement between the counterparties, used to change the original or previously amended contract terms reported to a trade repository.
- 9 = Increase
- 10 = Credit event
- 11 = Strategic restructuring
- 12 = Succession event reorganization
- 13 = Succession event renaming
- 14 = Porting
-
15 = Withdrawal
One party withdrew from the trade prior to confirmation or clearing. Can be used with TradeReportTransType <487>=1 (Cancel).
-
16 = Void
Trade is to be ended after clearing. Can be used with TradeReportTransType <487>=1 (Cancel).
- 17 = Account transfer
- 18 = Give up
- 19 = TakeUp
- 20 = Average pricing
- 21 = Reversal
- 22 = Allocation/Trade posting
-
23 = Cascade
The breakdown of a contract position to a more granular level, e.g. from a yearly position to monthly positions.
- 24 = Delivery
- 25 = Option assignment
- 26 = Expiration
- 27 = Maturity
- 28 = Equal position adjustment
-
29 = Unequal position adjustment
An adjustment to either the long or short position quantity but not both.
-
30 = Correction
Used to correct an error in the contract terms of a previously submitted report to a trade repository.
-
31 = Early termination
The transaction/contract has closed before its natural end (maturity date or end date).
-
32 = Rerate
Change in the repo rate of an open repo contract due to shift in the market conditions.
-
99 = Other price-forming continuation data
Other price-forming continuation data or lifecycle event. Include description of type in TradeContinuationText <2374>.