10.2.1 MT 517 Trade Confirmation Affirmation

This topic describes the MT 517 trade confirmation affirmation.

This message is sent by an instructing party, e.g. client, or its authorized representative, to a financial institution which had previously sent a trade confirmation/contract note.

This message is used to positively affirm the details of a previously received confirmation/ contract note. This message binds the Sender and the Receiver of the message to the trade details contained in the confirmation being affirmed.

This message may be sent directly between the parties to the trade or via an ETC service provider.

Maximum Length: 10000

Table 10-113 Format Specifications: Mandatory Sequence A General Information

Field Tag Field Name Field Description Format Mandatory/Optional
16R Start of Block GENL M
20C Reference Sender's Message Reference :4!c//16x M
23G Function of the Message 4!c[/4!c] M
98a Date/Time Preparation Date/Time A, C, or E O
95a Party (see qualifier description) P, Q, or R M
25D Status Code Affirmation Status :4!c/[8c]/4!c O

Table 10-114 Mandatory Repetitive Subsequence A1 Linkages

Field Tag Field Name Field Description Format Mandatory/Optional
16R Start of Block LINK M
13a Number Identification Linked Message A or B O
20C Reference (see qualifier description) :4!c//16x M
16S NA End of Block LINK M

Table 10-115 End of Subsequence A1 Linkages

Field Tag Field Name Field Description Format Mandatory/Optional
16S End of Block GENL M