SUP 17
Transaction reporting
SUP 17.1
Application
- 01/12/2004
Who?
SUP 17.1.1
See Notes
(1) This
chapter applies to every firm which
is:
(a) a securities
and futures firm; or
(b) a personal
investment firm; or
(c) an investment
firm (including a credit
institution which is an investment
firm) not within (a) or (b) excluding a firm to whom the ISD does not apply under Article 2(2) of
the ISD.
(2) This
chapter does not apply to:
- 21/06/2001
What?
SUP 17.1.2
See Notes
This
chapter applies to a firm in SUP 17.1.1 that enters into reportable transactions (whether on its
own account or on behalf of others).
- 21/06/2001
Where?
SUP 17.1.3
See Notes
This
chapter applies with respect to:
(1) activities carried on from an establishment
maintained by the firm (or
its appointed representative)
in the United Kingdom;
or
(2)
passported
activities of an ISD
investment firm (including a credit institution which is an ISD investment firm) carried
on from a branch in
another EEA State.
- 21/06/2001
SUP 17.1.4
See Notes
ECO 1.1.6 R has
the effect that this chapter does not apply to an incoming ECA provider acting as such.
- 01/11/2002
SUP 17.2
Purpose
- 01/12/2004
SUP 17.2.1
See Notes
This
chapter sets out the requirements for firms to
report transactions to the FSA.
One purpose of the chapter is to implement article 20 of the Investment Services Directive which
has the two aims of protecting investors and ensuring the smooth operation
and transparency of the markets in transferable securities. Transaction reports also form a useful part
of the FSA's arrangements
for monitoring (under paragraph 6(1) of Schedule 1 to the Act) and can assist the FSA in assessing the type and conduct of
business carried out by a firm.
- 21/06/2001
SUP 17.3
Introduction
- 01/12/2004
SUP 17.3.1
See Notes
The
requirements set out in this chapter represent an interim approach to transaction
reporting, based on the reporting requirements which previous regulators applied
to firms.
A number of provisions reflect the interim nature of the requirements - notably
the guidance in SUP 17.4.4. Also there are still significant
differences in the requirements applicable to different categories of firm. To help firms the FSA intends to publish
additional guidance from
time to time covering developments and issues in transaction reporting (including
sources of relevant information).
- 21/06/2001
SUP 17.3.2
See Notes
The reporting
obligations vary according to the nature of a firm's business and the number of transactions
which a firm ordinarily
enters into. Firms are
generally expected to report transactions through the electronic systems listed
in the chapter, but firms which
enter into relatively few transactions may report those transactions manually,
by fax or e-mail (see SUP 17.7).
- 21/06/2001
SUP 17.4
Obligation to make transaction reports
- 01/12/2004
SUP 17.4.1
See Notes
When
a firm (whether
on its own account or on behalf of another) enters into a reportable transaction (as defined in SUP 17.5), it must make a transaction report (as
set out in SUP 17.6)
to the FSA.
- 21/06/2001
Exceptions: general
SUP 17.4.2
See Notes
A firm need not make a transaction report to
the FSA if:
(1) the firm complies
with a requirement on it to report the reportable
transaction to its Home
State regulator; or
(2) the reportable
transaction is transacted on one of the exchanges listed in SUP 17 Annex 1 and the firm reports the reportable transaction to
that exchange.
- 21/06/2001
Exceptions: investment management firms and personal investment firms
SUP 17.4.3
See Notes
An investment management firm or
a personal investment firm need
not make a transaction
report to the FSA if:
(1) the reportable
transaction is transacted on a regulated market and the firm:
(b) satisfies itself that it will be so reported;
or
(2) the firm is
the seller, or is acting on behalf of the seller, and the counterparty for
that transaction is another firm;
or
- 21/06/2001
SUP 17.4.4
See Notes
For the purposes of SUP 17.4.3 (3) 'reasonable grounds'
would include a firm relying
on a broker if:
- 21/06/2001
SUP 17.4.5
See Notes
The guidance in SUP 17.4.4 is likely to become less relevant over time.
- 21/06/2001
SUP 17.4.6
See Notes
'Reasonable
grounds' require more than just a check as to whether the other firm is authorised. For example a firm should not rely on SUP 17.4.3 (3) alone if the only other party to a reportable transaction is an investment management firm or
a personal investment firm.
- 21/06/2001
Use of reporting agents
SUP 17.4.7
See Notes
A firm may appoint another person to make transaction reports on
its behalf if:
(2) the transaction
reports made on its behalf comply with SUP
17 and distinguish each individual transaction, using
the firm's identifying
code.
- 21/06/2001
SUP 17.4.8
See Notes
SUP 17.4.7 sets out the conditions
which must be satisfied if a firm wishes
to appoint someone else to make transaction
reports on its behalf. The firm will
remain responsible for its compliance with SUP 17.
- 21/06/2001
Other reporting requirements
SUP 17.4.9
See Notes
A firm's obligations under
this chapter do not affect any obligation to report transactions under the
rules of any reporting system or of any exchange, whether or not that exchange
is a regulated market.
- 21/06/2001
SUP 17.5
Reportable transactions
- 01/12/2004
SUP 17.5.1
See Notes
A
'reportable transaction'
is a transaction of a type identified in SUP 17.5.4,
except:
(1) stock or bond lending and borrowing,
repurchase or reverse repurchase agreements;
(2) asset trading transactions, including
novation, assignment and sub-participation; and
(3) issues, market allotments and syndications
which are not dealt in on a regulated
market.
- 21/06/2001
SUP 17.5.2
See Notes
For a list of regulated markets see SUP
17 Annex 5.
- 21/06/2001
SUP 17.5.3
See Notes
In general, transactions, other than
those in derivative products,
between the issuer of an instrument and the first taker as principal are not reportable transactions. However, if an
instrument is already dealt in on a regulated
market, all secondary issue transactions are reportable if the
new issue ranks equally with those already in issue and the issue is already
admitted to trading on or listed on
a regulated market.
All secondary market transactions carried out on or off exchange, before or
after the instrument is issued, are reportable. In addition, for a firm which is not a personal investment firm or
an investment management
firm (essentially BCD
credit institutions and securities
and futures firms), reportable
transactions include transactions in some instruments which
are not traded on a regulated
market at all - for example the instrument concerned might only
be traded over the counter or through a trading facility such as Ofex.
- 01/07/2005
SUP 17.5.4
See Notes
Reportable transactions (see SUP 17.5.1)
| Class of firm | Reportable transactions | ||
| personal investment firm | A transaction which is entered into within an EEA State and is in any of the following instruments which is dealt in on a regulated market: | ||
| (a) | a security (except a unit ); or | ||
| (b) | a future ; or | ||
| (c) | an option. | ||
| investment management firm | A transaction which: | ||
| (a) | is executed in the EEA; | ||
| (b) | is carried out for valuable consideration; and | ||
| (c) | relates to an instrument which is dealt in on a regulated market other than: | ||
| (i) | futures not relating to shares ; or | ||
| (ii) | options (including covered warrants ) not relating to shares ; or | ||
| (iii) | swaps relating to designated investments other than shares or debentures ; or | ||
| (iv) | currencies and currency derivatives ; or | ||
| (v) | units ; or | ||
| (vi) | futures or options relating to a basket of shares or an equity index not capable of settlement by delivery. | ||
| any other firm | A transaction in a designated investments except for: | ||
| (a) | money-market instruments not dealt in on aregulated market; or | ||
| (b) | units ; or | ||
| (c) | contracts for differences which are not related to debt or equities (see note); or | ||
| (d) | currencies; or | ||
| (e) | commodities (including bullion); or | ||
| (f) | life policies ; or | ||
| (g) | futures or options on anything in (a) to (e). | ||
| Note: Firms are required to report contracts for differences (including spread bets ) on the value or price of a bond, an equity or a related index or indices. Firmsare not required to reportcontracts for differenceswhere the contract is based on the fluctuation in the price or value of an interest rate, currency, acommodityor on the value of a dividend payment or payments on an equity or a basket of equities. | |||
- 21/06/2001
SUP 17.6
Transaction reports
- 01/12/2004
Timing of reports
SUP 17.6.1
See Notes
A transaction report must
be made as soon as practicable and in any event, subject to SUP
17.7.10 (Failure of reporting systems), before the end
of the next business day after
the day on which the firm entered
into the transaction.
- 21/06/2001
Content
SUP 17.6.2
See Notes
A transaction
report must:
(1) in the case of an investment management firm, include the details
set out in SUP 17.6.4,
except that it need not provide the details in the column headed 'Counterparty'
if the counterparty is not an ISD
investment firm; or
(3) in the case of any other firm, include all the
fields identified in SUP 17 Annex 2 for
the relevant reporting system.
- 21/06/2001
SUP 17.6.3
See Notes
SUP 15.6 applies
to transaction reports and
requires a firm to
take reasonable steps to ensure that information provided to the FSA is accurate.
- 21/06/2001
SUP 17.6.4
See Notes
Details to be reported (investment management firms and personal investment firms) (see SUP 17.6.2)
| Firm | Counterparty | Investment | Transaction |
| Name | Name | Description | Time of transaction |
| Address | Address | Quantity/size | Date of transaction |
| Whether agent or principal | Unit price | Whether purchase or sale | |
Total amount of consideration payable on settlement date |
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SUP 17.6.5
See Notes
(1) A firm subject
to SUP 17.6.2 (3) should ensure that
a transaction report is
accepted by the relevant reporting system.
(2) Contravention of (1) may be relied on
as tending to establish contravention of SUP 17.4.1.
- 21/06/2001
SUP 17.6.6
See Notes
The price reported in a transaction report must
be the transaction price, excluding any charges or commission which is shown
separately on the contract note or on any similar notification.
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Basket trades
SUP 17.6.7
See Notes
If a firm (other than an investment management firm or a personal investment firm)
effects a series of transactions within a 24 hour period which is an exact
replica of any of the following indices (known as a 'basket trade'), it may
report them as a single transaction under a single approved security code:
(1) CAC 40; or
(2) DAX 30; or
(3) LSE/Nikkei 50; or
(4) Nikkei 225; or
(5) Standard and Poors 500; or
(6) TOPIX.
- 21/06/2001
SUP 17.6.8
See Notes
The 'single approved security code' referred
to in SUP 17.6.7 and SUP
17.6.9 is the code issued by the relevant exchange or
numbering agency.
- 21/06/2001
SUP 17.6.9
See Notes
If a firm (other than an investment management firm or a personal investment firm) effects a series
of transactions within a 24 hour period which does not exactly replicate one
of the indices listed in SUP 17.6.7,
it may make a transaction
report for them showing:
(1) a single basket trade transaction under a single approved security
code; and
(2) the missing constituents of the relevant
index, as reverse trades, with the price and quantity set according to their
weighting in the index.
- 21/06/2001
SUP 17.6.10
See Notes
A firm which
effects a series of transactions to which SUP 17.6.9 applies
may report them as individual transactions, rather than under that rule.
- 21/06/2001
SUP 17.7
Method of making transaction reports
- 01/12/2004
Use of reporting systems
SUP 17.7.1
See Notes
A transaction report must
be made through one of the reporting systems listed in SUP
17.7.8 unless SUP 17.7.4 applies.
- 21/06/2001
SUP 17.7.2
See Notes
Before a firm uses any of the systems listed in SUP 17.7.8, it must notify the FSA in writing that it
intends to do so.
- 21/06/2001
SUP 17.7.3
See Notes
A firm must
send a notification under SUP 17.7.2 to
a member of its supervision team and to the FSA's Transaction Monitoring Unit.
- 21/06/2001
Reporting by fax or e-mail
SUP 17.7.4
See Notes
Firms within
the categories in the table in SUP 17.7.5 may
report transactions by a fax or e-mail transmission which complies with the
relevant requirements in the table.
- 21/06/2001
SUP 17.7.5
See Notes
Reporting by fax or e-mail (see SUP 17.7.4)
| Category of firm | Requirements |
| An investment management firm. | The firm must include the information required by SUP 17.6.2 R (1)) in the fax or e-mail sent to theFSA. |
| A personal investment firm which effects reportable transactions at an average rate of fewer than 40 in a month. | The firm must include the information required by SUP 17.6.2 R (2) in the fax or e-mail sent to the FSA. |
| Any other firm which effects reportable transactions at an average rate of fewer than 20 in a month. | The firm must complete the manual reporting form set out in SUP 17 Annex 3 R and send it by fax or e-mail to the FSA. |
- 21/06/2001
SUP 17.7.6
See Notes
The manual reporting form in SUP 17 Annex 3 is not compulsory for investment management firms or personal investment firms,
but those firms may
use it to record the required information.
- 21/06/2001
SUP 17.7.7
See Notes
Transaction
reports made under SUP 17.7.4 must
be sent to the FSA's Data
Integrity Unit:
(1) by fax on 020 7066 3675; or
(2) by e-mail to tmu@fsa.gov.uk.
- 21/06/2001
Permitted reporting systems
SUP 17.7.8
See Notes
The reporting systems referred to in SUP
17.7.1 R are:
(1) CEDCOM system operated by Clearstream
Banking AG, Frankfurt;
(2) [deleted];
(3) CRESTCo Limited;
(4) EUCLID operated by Euroclear SA (input
directly into EUCLID or through SWIFT);
(5) the FSA's Direct
Reporting System;
(6) SEQUAL 2000 system of Thomson Financial
Services;
(7) [deleted];
(8) Trade Registration System of The London
International Financial Futures and Options Exchange (LIFFE);
(9) TRAX system of the International Securities
Market Association;
(10) [deleted];
(11) Virt-x; and
(12) the FSA's Transaction Reporting
System
- 17/11/2005
SUP 17.7.9
See Notes
Guidance on
the use of particular reporting systems listed in SUP
17.7.8 is available from the FSA's Transaction Monitoring Unit.
- 21/06/2001
Failure of reporting systems
SUP 17.7.10
See Notes
If a reporting system fails (whether
a relevant reporting system, the firm's own
system or the system of a person reporting
on its behalf), a firm must:
(1) make the transaction report through another reporting
system, if the firm considers
it reasonably practicable to do so; or
(2) make the transaction report by the end of the business day after the day when the failure is
remedied, if the firm does
not consider it reasonably practicable to comply with (1).
- 21/06/2001
SUP 17.7.11
See Notes
A firm must
notify the FSA in
writing, before the end of the business
day after the day when
the failure occurs, which of SUP 17.7.10 (1)
or SUP 17.7.10 (2) it will adopt.
- 21/06/2001
SUP 17.7.12
See Notes
A firm must
notify the FSA,
in writing and without delay, of any failure of its own system, or that of
a person reporting
on its behalf, which prevents a transaction
report being made within the period specified in SUP
17.6.1.
- 21/06/2001
SUP 17 Annex 1
Exchanges relevant for SUP 17.4.2R (2)
- 01/12/2004
See Notes
| American Stock Exchange (AMEX) |
| Australian Stock Exchange |
| Chicago Board of Trade |
| Chicago Board Options Exchange / Chicago Options Exchange |
| Chicago Mercantile Exchange |
| Chicago Stock Exchange |
| Coffee, Sugar and Cocoa Exchange |
| Hong Kong Futures Exchange |
| Hong Kong Stock Exchange |
| Johannesburg Stock Exchange |
| Kansas City Board of Trade |
| Korean Stock Exchange |
| MidAmerica Commodity Exchange |
| Minneapolis Grain Exchange |
| Montreal Stock Exchange |
| NASDAQ |
| New York Futures / Cotton Exchange |
| New York Mercantile Exchange / Commodity Exchange Inc (NYMEX) |
| New York Stock Exchange |
| New Zealand Futures and Options Exchange |
| Osaka Securities Exchange |
| Pacific Stock Exchange |
| Philadelphia Board of Trade |
| Philadelphia Stock Exchange |
| Singapore Stock Exchange |
| South African Futures Exchange (SAFEX) |
| Sydney Futures Exchange |
| Tokyo Stock Exchange (including TIFFE) |
| Toronto Stock Exchange |
| any non UK regulated market |
| (see SUP 17 Annex 5G) |
- 21/06/2001
SUP 17 Annex 2
Mandatory fields for reporting systems
- 01/12/2004
See Notes
| 1. | For the purposes of SUP 17.6.2 R (3), all the following are mandatory fields: | |
| (1) | the firm's and each counterparty's identifying code, as required under 2; | |
| (2) | the investment's identifying code if listed in 3 or a full description; | |
| (3) | the date and time of the transaction; | |
| (4) | the transaction size, price and currency; | |
| (5) | whether the transaction is a purchase or sale; | |
| (6) | whether the firm dealt as principal or agent; | |
| (7) | the settlement due date; | |
| (8) | the transaction's reference number; | |
| (9) | any other mandatory fields required by the reporting system; | |
| (10) | whether the transaction is a cancellation; and | |
| (11) | in the case of a derivative transaction, the appropriate expiry date, strike price and, if appropriate, whether a put or a call. | |
| 2. | A firm must allocate to each counterparty an appropriate counterparty identifier code, using the following identifier codes: | |
| (1) | the counterparty participant code identified on the transaction report from the relevant reporting system; or | |
| (2) | where the counterparty is another firm , the FSA authorisation code or a BIC code, plus a sub-account code; or | |
| (3) | in the case of any other counterparty, a unique root allocated specifically to that counterparty by the reporting firm, plus a sub account code. | |
| If a firm's counterparty is acting for a disclosed principal (identified either by name or by a distinctive account indicator), the firm will need to allocate a counterparty identifier code which indicates the identity of the underlying principal. This code can use the root code of the immediate counterparty provided that it is coupled with a sub-account code identifying the scheme. |
| CC | Clearstream and Euroclear Common Codes | 9 Numeric |
| CU | CUSIP | 9 Alphanumeric |
| IS | ISIN | 2 Alphabetic and 10 Alphanumeric |
| SE | SEDOL | 7 Numeric |
| SV | SICOVAM | From 5 to 7 Numeric |
| TR | TRAX | 1 Alphabetic and 6 Numeric |
| TS | TOKYO STOCK EXCHANGE | From 4 to 9 Numeric |
| When reporting on-exchangederivatives transactions
(except through DRS), a market identifier code followed by the product mnemonic
of that exchange will be acceptable. Codes must be left justified when they are input. |
- 01/03/2003
SUP 17 Annex 3
Manual transaction reporting form
- 01/12/2004
See Notes
| [Field descriptions and guidelines] NB: Fields which are denoted as A are fields that must be input in all circumstances. Fields which are denoted as M are only mandatory in the case of a firm which is not a personal investment firm or an investment management firm. Fields which are denoted as O are only mandatory in certain circumstances. | ||
| FIRM DETAILS | ||
| Firm Name (A) | ||
| Contact Name (M) | ||
| Telephone Number (M) | ||
| Submission date (M) | ||
| Signature (M) | ||
| TRANSACTION DETAILS | ||
| This field must contain the FSA code of the firm which is making the report (NB - The FSA code is currently six numbers). | ||
| FSA Code (A) | ||
| Internal Transaction Reference: (M) | ||
| This must be a unique reference, internal to the firm making the report, that will enable the firm to provide FSA with more information concerning the trade, if required. | ||
| Trade Date (A) | ||
| The date when the trade was executed. | ||
| Trade Time (A) | ||
| The time when the trade was executed. This should be in London time. | ||
| Bought/Sold Indicator (A) | ||
| Either B (i.e. Buy) or S (i.e. Sell) with respect to the firm making the Transaction Report. | ||
| Cancel Indicator (O) | ||
| Input a C for cancellation. This field can be used to cancel a trade previously submitted. For cancelled trades all of the fields apart from the Cancel Indicator, must be the same as the original trade report . | ||
| Counterparty1 Code Type (O) | ||
| The valid Counterparty Code Types, when used in conjunction with the Counterparty fields are as follows: | ||
| B -The Counterparty Root Code is a BIC code (as issued by S.W.I.F.T); | ||
| S -The Counterparty Root Code is an FSA code (as issued by the Financial Services Authority); | ||
| F - The Counterparty Root Code contains the reporting firm's own reference code to identify the Counterparty. | ||
| If there is only a single counterparty to a principal trade, details may be supplied either in Counterparty1 fields or in Counterparty2 fields . | ||
| Counterparty1 Root Code (O) | ||
| The counterparty to the trade. Depending upon the Counterparty Code Type, it will consist of one of the following: | ||
| BIC code (11 characters) | ||
| FSA code (currently 6 digits) | ||
| Firm's reference code (up to 11 characters). | ||
| Counterparty1 Sub Code (O) | ||
| A code identifying the lowest level of account within the reporting firm for which this transaction will be booked. This will usually be the reporting firm's own internal account code. If the Counterparty1 Root Code is completed, the firm must also complete this field. | ||
| Trade Quantity (A) | ||
| The volume of the trade (e.g. number of units, nominal value of bonds, number of lots, number of contracts). | ||
| Security Code Type (O) | ||
| The valid Security Type Codes are as follows: | ||
| CC - Clearstream and Euroclear Common Codes; | ||
| CU - CUSIP; | ||
| IS - ISIN; | ||
| SE - SEDOL; | ||
| SV - SICOVAM; | ||
| TR - TRAX; | ||
| TS - Tokyo Stock Exchange; | ||
| ON - For trades in On-Market Derivatives. | ||
| For OTC trades where the instrument is not traded on an exchange market, please specify OFF-market. | ||
| Security Code (O) | ||
| The Security Code according to the value of Security Code Type (Field 11). Valid codes are: | ||
| CC - 9 Numeric; | ||
| CU - Alphanumeric | ||
| IS - 2 Alphabetic and 10 Alphanumeric | ||
| SE - 7 Numeric | ||
| SV - From 5 to 7 Numeric | ||
| TR - 1 Alphabetic and 6 Numeric | ||
| TS - From 4 to 9 Numeric | ||
| ON - The market's own three-character Market Identifier Code followed immediately by the standard code for the contract being traded as used on that market . | ||
| Instrument type (A) | ||
| This field will be used to classify the instrument traded, or, in the case of a derivative, the underlying instrument. Valid codes are: | ||
| A - Equity; | ||
| B - Bond/Fixed Interest; | ||
| I - Index (derivatives only); | ||
| M - Commodity (derivatives only); | ||
| R - Interest Rate (derivatives only); | ||
| U - Currency (derivatives only); | ||
| W - Warrant; | ||
| O - Other (i.e. none of the above). | ||
| Issuer Name (A) (see note) | ||
| The name of the issuer of the security if the Security Type Code is specified as OFF market. Otherwise, completion of the field is optional. The name of the issuer of the security must be readable (i.e. meaningful). | ||
| Instrument Description (A/O) | ||
| A description of the instrument is required if the Security Type Code is specified as OFF market. Otherwise completion of the field is optional. | ||
| A full description of the security or derivative (e.g. Bloggs 50p ordinary share for equities) is required. For fixed interest securities, the following information is required: | ||
| Coupon rate; | ||
| whether it is a bond, debenture or loan (BDS, DIB, INS); | ||
| whether it is a convertible; | ||
| redemption date. | ||
| Option Exercise Price (O) | ||
| This field is only required for options. | ||
| Derivative Type (O) | ||
| This field indicates the derivative type. Valid codes are: | ||
| P: Put Option; | ||
| C: Call Option; | ||
| F: Future; | ||
| D: Contract for Difference; | ||
| S: Swap. | ||
| NB: Double options must be reported as two transactions, one for call and one for put option. The premium must be halved and entered on both transactions which must have the same transaction reference number. | ||
| Delivery/Expiry/Maturity date (O) | ||
| The delivery date of a futures contract, the expiry date of an option, the maturity or redemption date of a bond. For a bond derivative, it is the delivery or expiry date. | ||
| Trade Currency (A) | ||
| The currency in which the trade was dealt; an ISO code such as USD, GBP, DEM etc. (NB: GBX, USX, and IEX are not accepted) | ||
| Trade Price (A) | ||
| The (unit) price of the trade in the currency in which the trade was dealt (as indicated by the Trade Currency Code. For bonds, it must be a percentage price. For derivatives, it must be the decimal value per contract, not the tick value. | ||
| Price Multiplier (M) | ||
| Value of unit change in price, such that for on-exchange derivatives : | ||
| Price x Quantity x Multiplier = Trade Value. | ||
| For warrants, if the trade represents units of 50 warrants then multiplier equals 50. For bonds this should equal 1 as trade price must be reported as percentage price. The default multiplier is 1. | ||
| Consideration (A/O) | ||
| The consideration to be settled. For Options, the total premium. The consideration should be in the currency indicated by either the Trade Currency Code or the Settlement Currency Code. The field must be left blank if there is no consideration (e.g. margin only trades). | ||
| Settlement Date (O) | ||
| The settlement date for the trade. | ||
| Settlement Currency Code (O) | ||
| This field is required if the Consideration field is completed and is not in the currency indicated by the Trade Currency Code. Valid codes are any ISO code, such as USD, GBP, DEM, etc. | ||
| Dealing Capacity (A) | ||
| The dealing capacity of the firm making the Transaction Report. Valid codes are: | ||
| A Agency; | ||
| C Principal Cross; | ||
| P Principal; | ||
| X Agency Cross. | ||
| Counterparty2 Code Type (O) | ||
| The valid Counterparty Code Types, when used in conjunction with the Counterparty2 fields are as follows: | ||
| B -The Counterparty2 Root Code is a BIC code (as issued by S.W.I.F.T); | ||
| S -The Counterparty2 Root Code is an FSA code (as issued by the Financial Services Authority); | ||
| F -The Counterparty2 Root Code contains the reporting firm's own reference code to identify the Counterparty. | ||
| If there is only a single counterparty to a principal trade, details may be supplied either in Counterparty1 fields or Counterparty2 fields. | ||
| Counterparty2 Root Code (O) | ||
| The second counterparty to the trade. It will consist of, depending upon the Counterparty2 Code Type, one of the following: | ||
| BIC code (11 characters) | ||
| FSA code (currently 6 digits) | ||
| Firm's reference code (up to 11 characters). | ||
| Counterparty2 Sub Code (O) | ||
| A code identifying the lowest level of account within the reporting firm for which this transaction will be booked. This will usually be the reporting firm's own internal account code. If the Counterparty2 Root code is completed, this field must also be completed. | ||
| Bargain Condition Codes (O) | ||
| Up to eight two character bargain conditions codes can be supplied. Valid conditions are: | ||
| CB Cum Bonus | ||
| CC Cum Coupon | ||
| CD Cum Dividend | ||
| CP Cum Capital Repayment | ||
| CR Cum Rights | ||
| NP Delivery Free of Payment | ||
| RN Redemption | ||
| RO Result of Option | ||
| RP Repo | ||
| SB Borrowing/Lending | ||
| SP Special Price | ||
| WI When Issued | ||
| XB Ex Bonus | ||
| XC Ex Coupon | ||
| XD Ex Dividend | ||
| XP Ex Capital Payment | ||
| XR Ex Rights | ||
| XX Special Conditions | ||
| Market Identifier Code (M) | ||
| A three character code to indicate the market upon which the transactions was executed. The code is the first three characters of SWIFT Market Identifier Code excluding the leading X. OFF-market trades must be denoted by OFF. | ||
| (A list of Market Identifier Codes can be obtained from S.W.I.F.T on Tel: 020 7377 9190 - a list as at March 2000 is set out in SUP 17 Annex 4 G | ||
| NB: If a valid Security Type and a valid Security Code does not exist for a transaction, the issuer Name and Instrument Description must be completed. | ||
- 01/03/2003
SUP 17 Annex 4
Market identifier codes (Listed alphabetically by exchange)
- 01/12/2004
See Notes
| MIC | EXCHANGE |
| ABJ | Abidjan, bourse des valeurs |
| ALB | Alberta Stock Ex., Calgary |
| ASE | American Stock Exchange |
| AMM | Amman Stock Exchange |
| ACE | Amsterdam Comm. Exchange |
| AMS | Amsterdam Effectenbeurs |
| ANT | Antwerpan Stock Exchange |
| FTA | ATA (Netherlands) |
| ATH | Athens Stock Exchange |
| AOM | Australian Options Mkt, Sidney |
| ASX | Australian Stock Exchange |
| OTB | Austrian Options Exchange |
| BAH | Bahrain Stock Exchange, Manama |
| BAL | Baltic Stock Exchange |
| BAN | Bangalore Stock Exchange |
| BKK | Bangkok Stock Exchange |
| BAR | Barcelona Stock Exchange |
| BSL | Basle Stock Exchange |
| BEY | Beirut, Bourse de |
| BFO | Belgian Futures and Options Ex |
| BER | Berlin Stock Exchange |
| BRN | Bern Stock Exchange |
| BIL | Bilbao, Borsa de |
| BOG | Bogata, Bolsa de |
| BOL | Bolivian Bolsa de Valoures, Le Paz |
| BDP | Bolsa de Derivados do Porto |
| BMF | Bolsa de Mercadorias & Futuros |
| BOM | Bombay Stock Exchange |
| BOR | Bordeaux Stock Exchange |
| BOS | Boston Stock Exchange |
| BOT | Botswana Share Market |
| BRA | Bratislava Stock Exchange |
| BRE | Bremer Wertpapierboerse |
| BRU | Brussels Stock Exchange |
| BSE | Bucharest Stock Exchange |
| BCE | Budapest Commodity Exchange |
| BUD | Budapest Stock Exchange |
| BUE | Buenos Aires Stock Exchange |
| BUL | Bulgarian, The Ist, Sofia |
| CAI | Cairo Stock Exchange |
| CAL | Calcutta Stock Exchange |
| CAR | Caracas Stock Exchange |
| CAS | Casablanca Stock Exchange |
| KAZ | Central Asian Stock Exchange |
| CBT | Chicago Board of Trade |
| CBO | Chicago Board Options Ex. |
| CME | Chicago Mercantile Exchange |
| CRC | Chicago Rice and Cotton Ex. |
| CHI | Chicago Stock Exchange |
| CCE | Chubu Commodity Exchange |
| COL | Columbo Stock Exchange |
| CEC | Comm. Exchange Center, NY |
| CSE | Copenhagen Stock Exchange |
| ROS | Cordoba Stock Exchange |
| CYS | Cyprus Stock Exchange, Nicosia |
| DES | Delhi Stock Exchange |
| DWZ | Deutsche Bourse, Frankfurt |
| DHA | Dhaka Stock Exchange |
| DTB | DTB Deutsche Terminboerse |
| DUB | Dublin Stock Exchange |
| DUS | Duesseldorf, (Rheinisch-West) |
| EAS | EASDAQ, Brussels |
| EOE | Euro. Opt. Ex. Amsterdam |
| FNX | Financial Instrument Exchange (FINEX) |
| FOM | Finnish Options Market |
| FIR | Florence Stock Exchange |
| FRA | Frankfurter Wertpapierboerse |
| FKA | Fukuoka Stock Exchange |
| DOF | FUTOP, Copenhagan |
| GEN | Genoa Stock Exchange |
| GVA | Genova Stock Exchange |
| GHA | Ghana Stock Exchange |
| GUA | Guayaquil Stock Exchange |
| HAM | Hamburg Stock Exchange |
| HAN | Hannover Stock Exchange |
| HEL | Helsinki Stock Exchange |
| HIR | Hiroshima Stock Exchange |
| HFE | Hong Kong Futures Exchange |
| HKG | Hong Kong Stock Exchange |
| IBR | Ibis, Frankfurt |
| ICE | Iceland Stock Exchange |
| IST | IMKB Istanbul Stock Exchange |
| IOM | Index and Options Mkt Chicago |
| IMM | Int. Monetary Mkt Chicago |
| DUB | Irish Stock Exchange (Dublin) |
| DMI | Italian Derivatives Market |
| JKT | Jakarta Stock Exchange |
| JAM | Jamaica Stock Exchange |
| JSE | Johannesburg Stock Exchange |
| KST | Kamon Commodity Exchange (Japan) |
| KBT | Kansas City Board of Trade |
| KAC | Kanssai Agricultural Commodity Exchange (KANEX) |
| KAR | Karachi Stock Exchange |
| KKT | Kobe Raw Silk Exchange |
| KGT | Kobe Rubber Exchange |
| KOR | Korea Stock Exchange, Seoul |
| KLC | Kuala Lumpur Comm. Exchange. |
| LOF | Kuala Lumpur Options and Financial Futures Exchange (KLOFFE) |
| KLS | Kuala Lumpur Stock Exchange |
| KUW | Kuwait Stock Exchange |
| KYO | Kyoto Stock Exchange |
| LAU | Lausanne Stock Exchange |
| LIF | LIFFE |
| LIC | Lille Commodity Exchange |
| LIL | Lille Stock Exchange |
| LIM | Lima Bolsa de Valores |
| LIS | Lisbon Stock Exchange |
| LIT | Lithuania Stock Exchange |
| LJU | Ljubljana Stock Exchange |
| CEL | Ljubljana Commodity Exchange |
| LME | London Metal Exchange |
| ISE | London Stock Exchange |
| LUS | Lusaka Stock Exchange |
| LUX | Luxembourg Stock Exchange |
| LYO | Lyon Stock Exchange |
| MDS | Madras Stock Exchange |
| MAD | Madrid, Bolsa de |
| MKT | Maebashi Dried Cocoon Exchange |
| MAK | Makati Stock Exchange, Manila |
| MNE | Malaysian Monetary Exchange |
| MAL | Malta Stock Exchange |
| MNL | Manila Stock Exchange |
| MAR | Marseille Stock Exchange |
| MAT | Matif S.A., Paris |
| MAU | Mauritius Stock Exchange |
| MED | Medellin Bolsa |
| MEF | Meff Renta fija, Barcelona |
| MRV | Meff Renta Madrid |
| MIF | Mercato Italiano Futures Exchange |
| MEX | Mexican Stock Exchange |
| MAC | Mid America Comm. Exchange |
| MID | Midwest Stock Ex., Chicago |
| MIL | Milan Stock Exchange |
| MGE | Minneapolis Grain Exchange |
| MNT | Montevideo Bolse de Valores |
| MOO | Montreal Opt. and Der. Mkt. |
| MON | Montreal, (Bourse De) |
| MIC | Moscow Interbank Currency Exchange |
| MOS | Moscow Stock Exchange |
| MUN | Muenchen, (Bayerische Borse) |
| MUS | Muscat Securities Market |
| NGO | Nagoya Stock Exchange |
| NST | Nagoya Textile Exchange |
| NAI | Nairobi Stock Exchange |
| NAM | Namibian Stock Exchage |
| NAY | Nancy Stock Exchange |
| NAN | Nantes Stock Exchange |
| NAP | Napoli, (Borsa Valori Di) |
| NAS | NASDAQ |
| NMS | NASDAQ National Market Systems, Washington DC |
| NEU | Neuchatel Stock Exchange |
| NYC | New York Cotton Exchange |
| NYF | New York Futures Exchange |
| NYM | New York Mercantile Exchange |
| NYS | New York Stock Exchange |
| NEE | New Zealand Futures Exchange |
| NZE | New Zealand Stock Exchange |
| AUK | New Zealand Stock Exchange, Aukland |
| NSA | Nigerian Stock Exchange |
| NII | Niigata Stock Exchange |
| CSC | NY Cocoa, Coffee and Sugar Ex. |
| OFF | OFF MARKET |
| MCE | OM Stockholm |
| MLX | OMLX, London |
| OPO | Oporto Stock Exchange |
| OHS | Optionsscheine Handels System |
| OSM | Osaka Mercantile Exchange |
| OSE | Osaka Securities Exchange |
| OST | Osaka Textile Exchange |
| OSL | Oslo Bors |
| OTC | OTC Bulletin Board, Washington |
| PSE | Pacific Stock Exchange, San Francisco |
| PAL | Palermo Stock Exchange |
| PTY | Panama Bolsa de Valores |
| PAR | Paris Stock Exchange |
| PHO | Philadelphia options Exchange |
| PHL | Philadelphia Stock Exchange |
| PBT | Philadelphia Board of Trade |
| POR | Portal, Washington |
| PRA | Prague Stock Exchange |
| QUI | Quito Stock Exchange |
| RAS | RASDAQ |
| RIS | Riga Stock Exchange |
| RIO | Rio de Janeiro, Bolsa de valores |
| ROM | Rome, Borsa valori di |
| RUS | Russian Exchange (The) |
| BNV | San Jose Stock Exchange |
| SGO | Santiago Stock Exchange |
| BMF | Sao Paulo Futures Exchange |
| BSP | Sao Paulo Stock Exchange |
| SAP | Sapporo Stock Exchange |
| SHG | Shanghai Stock Exchange |
| SME | Shenzhen Mercantile Exchange |
| SHE | Shenzhen Stock Exchange |
| SIB | Siberian Stock Exchange |
| SCE | Singapore Commodity Exchange |
| SIM | Singapore Int. Monetary Ex. |
| SES | Singapore Stock Exchange |
| SFX | SOFFEX, Zurich |
| SAF | South African Financial Futures Exchange (SAFFEX) |
| PET | St Petersburg Stock Exchange |
| GAL | St. Gallen Stock Exchange |
| SSE | Stockholm Stock Exchange |
| STU | Stuttgart Stock Exchange |
| SWX | Swiss Exchange, Zurich |
| SFE | Sydney Futures Exchange |
| TAI | Taiwan Stock Exchange |
| TAL | Tallinn Stock Exchange |
| TEH | Tehran Stock Exchange |
| TAE | Tel Aviv Stock Exchange |
| TKT | Tokyo Commodity Exchange (TOCOM) |
| TKO | Tokyo Grain Exchange |
| TFF | Tokyo Int. Financial Futures |
| TKS | Tokyo Stock Exchange |
| TOR | Torino Stock Exchange |
| TFE | Toronto Futures Exchange |
| TOE | Toronto Options Exchange |
| TSE | Toronto Stock Exchange |
| TKA | Toyohashi Dried Cocoon Exchange |
| TFN | Tradepoint |
| TRI | Trieste Stock Exchange |
| TRN | Trinidad & Tobago Stock Exchange |
| TUN | Tunis, Borsa de Valores |
| VAL | Valencia Bolsa de |
| VSE | Vancouver Stock Exchange |
| VEN | Venezia Stock Exchange |
| VIE | Vienna Stock Exchange |
| VLA | Vladivostok Stock Exchange |
| HCE | Warenterminborse Hannover |
| WAR | Warsaw Stock Exchange |
| WCE | Winnipeg Commodity Exchange |
| EBE | Xebec Trading, Bucharest |
| YKT | Yokohama Raw Silk Exchange |
| ZAG | Zagreb Stock Exchange |
| ZIM | Zimbabwe Stock Exchange |
| ZRH | Zurich Stock Exchange |
- 21/06/2001
SUP 17 Annex 5
Regulated markets
- 01/12/2004
See Notes
| List of the regulated markets notified to the Commission by the Member States under Article 16 of the ISD as at 22 March 2001 |
| Austria | 1. Amtlicher Handel (official market)2. Geregelter Freiverkehr (semi-official market)3. Amtlicher Handel NEWEX (official market)4. Geregelter Freiverkehr NEWEX (semi-official market) |
| Belgium | 1. Bourse de valeurs mobilires d'Euronext Brussels: Le premier march (official market) Le second march- Le nouveau march2. Belfox (Bourse belge des futures et options)3. Le march secondaire hors bourse des obligations linaires, des titres scinds et des certificats de trsorerie 4. EASDAQ |
| Denmark | 1. Kbenhavns Fondsbrs - Equity market; - Bond market;- Derivatives market2. XtraMarked (authorised market place for unlisted units of Investment Associations (UCITS) and Special-Purpose Associations) 3. Dansk Autoriseret Markedsplads A/S (Danish Authorised Market Place Ltd. (DAMP)) [authorised market place = regular trade in securities admitted for trading but not listed on stock exchange] |
| Finland | 1. Arvopaperiprssi (Stock Exchange);- P;;lista (Main List for equity and Debt Instruments; - I-;, NM- ja Prelista (parallel Lists I-, NM-and pre-list for equity and debt instruments);2. Optioyhteis (Option Corporation).(Derivatives exchange and clearing house). |
| France | 1. Bourse de Paris:- Premier march (official list);- Second march; -March des EDR (European Depositary Receipts). 2. Nouveau march3. MATIF4. MONEP |
| Germany | 1. Berliner Wertpapierbrse: (Amtlicher Handel, Geregelter Markt) 2. Bremer Wertpapierbrse (Amtlicher Handel, Geregelter Markt)3. Rheinisch-Westf;lische Brse zu Dsseldorf (Amtlicher Handel, Geregelter Markt) 4. Frankfurter Wertpapierbrse (Amtlicher Handel, Geregelter Markt, Neuer Markt);5. Eurex Deutschland6. Hanseatische Wertpapierbrse Hamburg (Amtlicher Handel, Geregelter Markt, Start-up market) 7. Nieders;chsische Brse zu Hannover (Amtlicher Handel, Geregelter Markt)8. Bayerische Brse (Amtlicher Handel, Geregelter Markt)9. Baden-Wrttembergische Wertpapierbrse (Amtlicher Handel, Geregelter Markt) |
| Greece | 1. Athens Stock Exchange (A. S. E.)/Thessaloniki Stock Exchange Centre (T. S. E. C. = remote platform) - Main Market - Parallel Market-Parallel Market for Emerging Markets- New Market2. Athens Derivatives Exchange (A. D. EX.) |
| Ireland | Irish Stock Exchange comprising: - Official List - Exploration Securities Market- Developing Companies Market- ITEQ |
| Italy | . Stock Exchange, divided into the following segments:- Electronic share market (MTA);- Electronic covered warrants market (MCW);- After-Hours Market (TAH);- Electronic bond and government securities market (MOT);- Electronic market for Eurobonds, foreign bonds and asset-backed securities (EuroMOT); - Electronic traditional options market (MPR);2. Mercato Ristretto (second market); 3. Derivatives market (IDEM);4. Nuovo Mercato (New Market -NM);5. Italian Government Securities Derivatives Market (MIF);6. Wholesale Market for Government Securities (MTS);7. Wholesale Market for Corporate and International Organisations Bonds. |
| Luxembourg | Bourse de Luxembourg:- Main market: - International Bond market |
| Netherlands | Amsterdam Stock exchange (AEX):- Main market - Domestic market for unlisted securities: - Nieuwe Markt Amsterdam |
| Portugal | 1. Mercado de Cotaes Oficias (Official Quotation Market) 2. Segundo Mercado (Second Market)3. Novo Mercado (New Market)4. Mercado de Futuros e Opes (Futures and Options Market)5. MEOG - Mercado Especial de Operaes por Grosso (Special Market for Block Trading) 6. MEDIP - Mercado Especial de Dvida Pblica (Special Market for Public Debt) |
| Spain | A. Bolsas de Valores (all comprise first, second and new market segments) 1. Bolsa de Valores de Barcelona;2. Bolsa de Valores de Bilbao;3. Bolsa de Valores de Madrid;4. Bolsa de valores de Valencia.B. Mercados oficiales de Productos Finacieros Derivados1. MEFF Renta Fija;2. MEFF Renta Variable.C. Mercados FC&M de Futuros y Opciones sobre Ctricos [commodity derivatives not covered by section B annex ISD: related markets do not fall within ISD definition of regulated market]D. AIAF Mercado de Renta FijaE. Mercado de Deuda Pblica en Anotaciones |
| Sweden | 1. OM Stockholmsbrsen: - A-list market;- OTC-list (small companies); - O-list (unlisted companies) 2. OM R;ntebrsen (fixed income);3. SBI Marknadsplats4. Aktietorget |
| United Kingdom | 1. Domestic Equity Market 2. European Equity Market3. Gilt Edged and Sterling Bond Market4. Alternative Investment Market (AIM).5. The London International Financial Futures and Options Exchange (LIFFE)6. OM London 7. Tradepoint [this market has since changed its name to virt-x]8. Coredeal (primarily a eurobond market)9. Jiway |
| List of the regulated markets notified under Article 16 of the ISD, as included in point 30b of Annex IX to the Agreement of the European Economic Area, to the Standing Committee of the EFTA as defined in that agreement as at April 2001 |
| Iceland | |
| Iceland Stock Exchange (Verdbrefathing Islands) | |
| Iceland OTC market | |
| Liechtenstein | |
| Norway | |
| The Oslo Stock Exchange | |
- 01/10/2002