SWIFT ISO 15022 - Code STOP

Meaning

Stop Order: Order to buy that becomes a market order when the financial instrument trades at or above the stop price after the order is submitted or an order to sell which becomes a market order when the financial instrument trades at or below the stop price.

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)