CorporateActionMovementConfirmation002V14seev.036.002.14

Definition: Standard code to specify the features that may apply to a corporate action option.

Type: OptionFeatures6Code (String)

Allowed Values:

• COND (Conditional): Feature whereby the holder can elect to place a condition on the acceptance of the option.
• MAXC (Maximum Cash): Maximum cash option, may be subject to scaling, as such you may receive a combination of cash and securities outturn.
• MAXS (Maximum Securities): Maximum stock option, may be subject to scaling, as such you may receive a combination of securities and cash outturn.
• OPLF (Odd Lot Preference): Tender or exchange with the odd lot preference.
• PROR (Proration): Feature whereby the option can be subject to pro ration in case, for example, of over-subscription.
• VVPR (Reduced Withholding Tax): Reduced withholding tax rate applies to the option.