Description

Type: int

Used to further qualify the value of PartyRole <452>.

Valid values:

  • For all firm / broker type party roles
    • 23 = Firm or legal entity
  • For all party roles
    • 18 = Current

      Can be used to convey an existing party identifier for the same party role in a single message.

    • 19 = New

      Can be used to convey a future party identifier for the same party role in a single message.

  • For all trader / customer type party roles
    • 24 = Natural person
  • For party role 1 (Executing Firm)
    • 0 = Agency
    • 1 = Principal
    • 2 = Riskless principal
    • 30 = Exchange order submitter

      Used to identify original or initial exchange order submitting broker when party role "1" (Executing Firm) appears more than once.

  • For party role 102 (Data repository)
    • 9 = Primary trade repository

      Used to differentiate the principal trade repository from the Original or Additional trade repositories when there are multiple trade repositories being reported.

    • 10 = Original trade repository

      Used to identify the trade repository to which the trade was originally reported if different from the current repository to which the trade is being reported.

    • 11 = Additional international trade repository

      Used with InternationalSwapIndicator <2526> to identify the trade repository that is in addition to the local swaps data repository as required by U.S. law.

    • 12 = Additional domestic trade repository

      Used with MixedSwapIndicator <1929> to identify the trade repository that is in addition to the current trade repository when the assets in the swap are subject to two different domestic regulators.

  • For party role 11 (Order Origination Trader), 12 (Executing Trader), 36 (Entering Trader), 37 (Contra Trader)
    • 25 = Regular trader

      Standard trader profile.

    • 26 = Head trader

      Senior trader leading a group of regular traders.

    • 27 = Supervisor

      Administrative user that has only limited rights for normal trading but possibly special rights for emergency actions.

  • For party role 12 (Executing trader) or 122 (Investment decision maker)
    • 22 = Algorithm
  • For party role 22 (Exchange)
    • 13 = Related exchange
    • 14 = Options exchange
    • 15 = Specified exchange
    • 16 = Constituent exchange
  • For party role 29 (Intermediary), 32 (Beneficiary) and 107 (Correspondent)
    • 7 = Bank
    • 8 = Hub

      Indicates that the Intermediary party is a hub system or service provider.

  • For party role 30 (Agent)
    • 28 = Tri-party

      In the context of EU SFTR reporting, identifies the third party, not necessarily the custodian, to which the reporting counterparty has outsourced the post-trade processing of an SFT (if applicable).

    • 29 = Lender

      In the context of EU SFTR reporting, identifies the agent lender involved in the securities lending transaction.

  • For party role 4 (Clearing Firm)
    • 3 = General clearing member
    • 4 = Individual clearing member
  • For party role 66 (Market Maker)
    • 5 = Preferred market maker

      Market maker getting a part of the matched quantity before primary or default market maker.

    • 6 = Directed market maker

      Single market maker to handle the order provided.

    • 20 = Designated sponsor

      Market maker jointly providing liquidity for the same security with other market makers.

    • 21 = Specialist

      Market maker being the only one providing liquidity for a security.

  • For party role 73 (Execution Venue)
    • 17 = Exempt from trade reporting

      In the context of FINRA TRACE reporting requirements, this is used to indicate the ATS has been granted a regulatory exemption from reporting.

Used In