Voir iotafinance en FrançaisYou are viewing the English version of iotafinance.comIotafinance auf Deutsch sehen
Icon for pthe ractical information section

SWIFT ISO 15022 - Code FRAC

icon of the financial acronyms app for iOS

Financial acronyms

The entire acronym collection of this site is now also available offline with this new app for iPhone and iPad.

 Meanings

  • Fractional Parts Allowed: Fractional parts allowed.
  • Fraction Breakdown: Indicates that the rounding rule in the Fraction Disposition component at the option level can be offered at the beneficial owner level.

 Usages

Message type
Field number
Tag
MT502
(Order to Buy or Sell)
18
22a (Indicator)
MT513
(Client Advice Of Execution)
35
22a (Indicator)
MT514
(Trade Allocation Instruction)
20
22a (Indicator)
MT515
(Client Confirmation of Purchase or Sale)
26
22a (Indicator)
MT518
(Market-Side Securities Trade Confirmation)
18
22a (Indicator)
MT564
(Corporate Action Notification)
57
22F (Indicator)
MT576
(Statement of Open Orders)
43
22a (Indicator)