SWIFT ISO 20022 - Description de message - Securities Transaction Cancellation Request 002 (sese.020.002)

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.

SctiesTxCxlReq