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SWIFT ISO 15022 - Code DNRE

Meaning

  • Do Not Reduce: Limit order to buy or stop order to sell, or stop-limit order to sell that is not to be reduced in price by the amount of an ordinary cash dividend. Applies only to ordinary stock dividends; should be reduced for other distributions.

Usages

Message type
Field number
Tag
MT502
(Order to Buy or Sell)
18
22a (Indicator)
MT513
(Client Advice Of Execution)
35
22a (Indicator)
MT576
(Statement of Open Orders)
43
22a (Indicator)