Standards
Category 5 - Securities Markets
For Standards MT November 2019
Message Reference Guide: Volume 3
(MT 544 - MT 567)
Standards Release Guide
This reference guide contains the category 5 message text standards, including a detailed description of the scope, the
format specifications, the rules, the guidelines, and the field specifications of each message type.
21 December 2018
Table of Contents
Introduction................................................................................................................................................. 4
Summary of Changes............................................................................................................................. 4
Category 5 Message Types........................................................................................................................5
Euro - Impact on Category Message Standards ......................................................................................10
Securities Data Source Schemes............................................................................................................. 11
Process ................................................................................................................................................ 11
Data Source Scheme list......................................................................................................................12
MT 544 Receive Free Confirmation .........................................................................................................13
MT 544 Scope ......................................................................................................................................13
MT 544 Format Specifications..............................................................................................................13
MT 544 Network Validated Rules .........................................................................................................19
MT 544 Usage Rules............................................................................................................................23
MT 544 Field Specifications .................................................................................................................24
MT 545 Receive Against Payment Confirmation.................................................................................... 118
MT 545 Scope .................................................................................................................................... 118
MT 545 Format Specifications............................................................................................................ 118
MT 545 Network Validated Rules .......................................................................................................124
MT 545 Usage Rules..........................................................................................................................128
MT 545 Field Specifications ...............................................................................................................129
MT 546 Deliver Free Confirmation .........................................................................................................223
MT 546 Scope ....................................................................................................................................223
MT 546 Format Specifications............................................................................................................223
MT 546 Network Validated Rules .......................................................................................................229
MT 546 Usage Rules..........................................................................................................................233
MT 546 Field Specifications ...............................................................................................................234
MT 547 Deliver Against Payment Confirmation .....................................................................................328
MT 547 Scope ....................................................................................................................................328
MT 547 Format Specifications............................................................................................................328
MT 547 Network Validated Rules .......................................................................................................334
MT 547 Usage Rules..........................................................................................................................338
MT 547 Field Specifications ...............................................................................................................339
MT 548 Settlement Status and Processing Advice ................................................................................433
MT 548 Scope ....................................................................................................................................433
MT 548 Format Specifications............................................................................................................433
MT 548 Network Validated Rules .......................................................................................................440
MT 548 Usage Rules..........................................................................................................................444
MT 548 Field Specifications ...............................................................................................................444
MT 549 Request for Statement/Status Advice .......................................................................................558
MT 549 Scope ....................................................................................................................................558
MT 549 Format Specifications............................................................................................................558
MT 549 Network Validated Rules .......................................................................................................560
MT 549 Usage Rules..........................................................................................................................562
MT 549 Field Specifications ...............................................................................................................562
MT 558 Triparty Collateral Status and Processing Advice .....................................................................606
MT 559 Paying Agent's Claim ................................................................................................................ 607
MT 564 Corporate Action Notification ....................................................................................................608
MT 564 Scope ....................................................................................................................................608
MT 564 Format Specifications............................................................................................................608
MT 564 Network Validated Rules .......................................................................................................616
MT 564 Usage Rules..........................................................................................................................622
MT 564 Market Practice Rules ...........................................................................................................623
MT 564 Field Specifications ...............................................................................................................623
MT 565 Corporate Action Instruction......................................................................................................761
MT 565 Scope ....................................................................................................................................761
MT 565 Format Specifications............................................................................................................761
MT 565 Network Validated Rules .......................................................................................................765
Category 5 - Securities Markets for Standards MT November 2019
2 Message Reference Guide: Volume 3 (MT 544 - MT 567) - Standards Release Guide
MT 565 Usage Rules..........................................................................................................................767
MT 565 Market Practice Rules ...........................................................................................................767
MT 565 Field Specifications ...............................................................................................................767
MT 566 Corporate Action Confirmation .................................................................................................. 819
MT 566 Scope ....................................................................................................................................819
MT 566 Format Specifications............................................................................................................819
MT 566 Network Validated Rules .......................................................................................................826
MT 566 Usage Rules..........................................................................................................................828
MT 566 Market Practice Rules ...........................................................................................................829
MT 566 Field Specifications ...............................................................................................................829
MT 567 Corporate Action Status and Processing Advice ......................................................................944
MT 567 Scope ....................................................................................................................................944
MT 567 Format Specifications............................................................................................................944
MT 567 Network Validated Rules .......................................................................................................946
MT 567 Market Practice Rules ...........................................................................................................948
MT 567 Field Specifications ...............................................................................................................948
Glossary of Terms................................................................................................................................... 983
Legal Notices.......................................................................................................................................... 989
Table of Contents
21 December 2018 3
Introduction
Summary of Changes
Added Message Types
None
Removed Message Types
MT 559 on page 607
Modified Message Types
MT 544 on page 13
MT 545 on page 118
MT 546 on page 223
MT 547 on page 328
MT 548 on page 433
MT 549 on page 558
MT 564 on page 608
MT 565 on page 761
MT 566 on page 819
MT 567 on page 944
Category 5 - Securities Markets for Standards MT November 2019
4 Message Reference Guide: Volume 3 (MT 544 - MT 567) - Standards Release Guide
Category 5 Message Types
The following table lists all message types defined in Category 5.
For each message type, there is a short description, an indicator whether the message type is
signed (Y/N), the maximum message length (2,000 or 10,000 characters) and whether the use of
the message requires registration with SWIFT for use in a message user group (Y/N).
MT MT Name Purpose
Signed
(1)
Max.
Length
MUG
500 Instruction to Register Instructs the registration,
deregistration or reregistration of a
financial instrument at the
registration provider
Y 10,000 N
501 Confirmation of
Registration or
Modification
Confirms the registration,
reregistration or deregistration of a
beneficial owner or shareholder
with the registration provider.
Confirm the modification of
registration details
Y 10,000 N
502 Order to Buy or Sell Instructs the purchase or sale of a
given quantity of a specified
financial instrument under specified
conditions
Y 10,000 N
503 Collateral Claim Requests new or additional
collateral, or the return or recall of
collateral
Y 10,000 Y
504 Collateral Proposal Proposes new or additional
collateral
Y 10,000 Y
505 Collateral Substitution Proposes or requests the
substitution of collateral held
Y 10,000 Y
506 Collateral and
Exposure Statement
Provides the details of the valuation
of both the collateral and the
exposure
Y 10,000 Y
507 Collateral Status and
Processing Advice
Advises the status of a collateral
claim, a collateral proposal, or a
proposal/request for collateral
substitution
Y 10,000 Y
508 Intra-Position Advice Reports on the movement of
securities within the holding
Y 10,000 N
509 Trade Status
Message
Provides information about the
status of a previously executed
trade
Y 10,000 N
510 Registration Status
and Processing
Advice
Advises the status of a registration
instruction or modification, or the
status of the registration process
previously sent by the account
owner
Y 10,000 N
Category 5 Message Types
21 December 2018 5
