SecuritiesTransactionCancellationRequestV09 (SctiesTxCxlReq)

Scope

An account owner sends a SecuritiesTransactionCancellationRequest to an account servicer to request the cancellation of a securities transaction. The account owner/servicer relationship may be: - a global custodian which has an account with a local custodian, or - an investment management institution which manage a fund account opened at a custodian, or - a broker which has an account with a custodian, or - a central securities depository participant which has an account with a central securities depository, or - a central securities depository which has an account with a custodian, another central securities depository or another settlement market infrastructure, or - a central counterparty or a stock exchange or a trade matching utility which need to instruct to a central securities depository or another settlement market infrastructure.

Usage

The transaction may be: - a securities settlement transaction - an intra-position movement - a securities financing transaction The instruction cannot be: - a securities settlement conditions modification (another transaction processing command should be sent to reverse a processing change previously requested). - a securities financing modification The message may also be used to: - re-send a message previously sent, - provide a third party with a copy of a message for information, - re-send to a third party a copy of a message for information using the relevant elements in the Business Application Header.

Outline

The SecuritiesTransactionCancellationRequestV09 MessageDefinition is composed of 12 MessageBuildingBlocks:

Account Owner Transaction Identification — Unambiguous identification of the transaction as known by the account owner (or the instructing party managing the account).
Account Servicer Transaction Identification — Unambiguous identification of the transaction as known by the account servicer.
Market Infrastructure Transaction Identification — Identification of a transaction assigned by a market infrastructure other than a central securities depository, for example, Target2-Securities.
Processor Transaction Identification — Message Reference identifying the Processor of the transaction.
Nonce Identification — Unambiguous identification of a random or semi-random number used once (NONCE) generated in the frame of a cryptographic communication.
Account Owner — Party that legally owns the account.
Safekeeping Account — Account to or from which a securities entry is made.
Block Chain Address Or Wallet — Blockchain address or wallet where digital assets are maintained. This is the equivalent of safekeeping account for digital assets.
Transaction Details — Identifies the details of the transaction.
Cancellation Reason — Specifies the reason of the cancellation.
FX Cancellation — Specifies whether an associated FX should be cancelled.
Supplementary Data — Additional information that cannot be captured in the structured elements and/or any other specific block.