PortfolioTransferNotification002V07sese.037.002.07

Definition: Settlement conditions expressed as an ISO 20022 code.

Type: SettlementTransactionCondition3Code (String)

Allowed Values:

• ASGN (Assignement): Transfer of ownership of the asset to another party during the closing of an option.
• CLEN (Clean): Tax-exempt financial instruments are to be settled.
• DIRT (Dirty): Taxable financial instruments are to be settled.
• DLWM (Delivery Without Matching): Matching receipt instruction not required (only for concerned international or national central securities depositories).
• DRAW (Drawn): Settlement transactions relates to drawn securities.
• EXER (Exercised): Settlement transaction relates to options, futures or derivatives that are exercised.
• FRCL (Free Clean Settlement): Delivery will be made free of payment but a clean payment order will be sent.
• KNOC (Knocked Out): Settlement transaction relates to options, futures or derivatives that are expired worthless.
• PHYS (Physical): Securities are to be physically settled.
• RESI (Residual): Relates to transaction on a security that is not eligible at the Central Security Depository (CSD) but for which the payment will be enacted by the central securities depository.
• SPDL (Special Delivery): Settlement transactions to be settled with special delivery.
• SPST (Split Settlement): Money and financial instruments settle in different locations.
• UNEX (Unexposed): Delivery cannot be performed until money is received.