6. Método descuento de flujos
6.2 Flujos de caja libre
MT MT Name Purpose
500 Instruction to Register Instructs the registration, deregistration or reregistration of a financial instrument at the registration provider
501 Confirmation of Registration or Confirms the registration, deregistration or Modification reregistration of a beneficial owner or
shareholder with the registration provider 502 Order to Buy or Sell Instructs the purchase or sale of a given
quantity of a specified financial instrument under specified conditions 503 Collateral Claim Requests new or additional collateral, or
the return or recall of collateral 504 Collateral Proposal Proposes new or additional collateral 505 Collateral Substitution Proposes or requests the substitution of
collateral held
506 Collateral and Exposure Statement Provides the details of the valuation of both the collateral and the exposure
507 Collateral Status and Processing Advises the status of a collateral claim, a
Advice collateral proposal, or a proposal/request
for collateral substitution
508 Intra-Position Advice Reports on the movement of securities within the holding
509 Trade Status Message Provides information on the status of a previously executed trade
510 Registration Status and Advises the status of a registration Processing Advice instruction or modification
513 Client Advice of Execution Provides brief and early information about a securities deal, e.g. a block trade that is to be allocated before final confirmation 514 Trade Allocation Instruction Instructs the allocation of a block trade 515 Client Confirmation of Purchase Provides a detailed accounting of financial
or sale instruments purchased or sold by the
Sender on behalf of the Receiver or its client. It may also convey the payment details of the purchase or sale. It may also be sent by, or via, an ETC service provider 516 Securities Loan Confirmation Confirms the details of a securities loan,
including collateral arrangements. It may also confirm the details of a partial recall or return of securities previously out on loan 517 Trade Confirmation Affirmation Positively affirms the details of a previously
received confirmation/contract note 518 Market-Side Securities Trade Confirms the details of a trade and where
Confirmation necessary, its settlement to a trading counterparty
MT MT Name Purpose
519 Modification of Client Details instructs the modification of client details at the registration provider
524 Intra-Position Instruction Instructs the movement of securities within the holding
526 General Securities Lending/ Requests the borrowing of securities or notifies Borrowing Message the return or recall of securities previously out
on loan. It may also be used to list securities available for lending
527 Triparty Collateral Instruction Performs a specific action on a collateral management transaction
530 Transaction Processing Command Requests the modification of a processing indicator or other non-matching information 535 Statement of Holdings Reports at a specified time, the quantity and
identification of securities and other holdings which the account servicer holds for the account owner
536 Statement of Transactions Provides details of increases and decreases of holdings which occurred during a specified period 537 Statement of Pending Transaction Provides details of pending increases and decreases
in securities within the holding during a specified period
538 Statement of Intra-Position Advices Provides details of increases and decreases in securities within the holding during a specified period
540 Receive Free Instructs a receipt of financial instruments free of payment. It may also be used to request a cancellation or pre-advise an instruction 541 Receive Against Payment Instructs a receipt of financial instruments against
payment. It may also be used to request a cancellationor pre-advise an instruction 542 Deliver Free Instructs a delivery of financial instruments free of
payment. It may also be used to request a cancellation or pre-advise an instruction 543 Deliver Against Payment Instructs a delivery of financial instruments against
payment. It may also be used to request a cancellation or pre-advise an instruction 544 Receive Free Confirmation Confirms a receipt of financial instruments free
of payment. It may also be used to cancel or reverse a confirmation
545 Receive Against Payment Confirms a receipt of financial instruments against Confirmation payment. It may also be used to cancel or reverse
a confirmation
MT MT Name Purpose
546 Deliver Free Confirmation Confirms a delivery of financial instruments free of payment. It may also be used to cancel or reverse a confirmation
547 Deliver Against Payment Confirms a delivery of financial instruments against Confirmation payment. It may also be used to cancel or reverse
a confirmation
548 Settlement Status and Advises the status of a settlement instruction Processing Advice or replies to a cancellation request 549 Request for Settlement/ Requests a statement or a status message
Status Advice
558 Triparty Collateral Status and Provides validation results and status advice and Processing Advice re collateral instructions and proposed
collateral movements
559 Paying Agent’s Claim Claims reimbursement of income or redemption proceeds, or a combination of both
564 Corporate Action Notification Provides an account owner with details of a corporate action event and the choices available to the account owner. It also provides the account owner with details on the impact a corporate action event will have on a safekeeping or cash account, e.g.
entitlement calculation
565 Corporate Action Instruction Instructs the custodian on the investment decision made by an account owner relative to a corporate action event 566 Corporate Action Confirmation Confirms to the account owner that securities
and/or cash have been credited/debited to an account as a result of a corporate action event 567 Corporate Action Status and Indicates the status, or change in status, of a
Processing Advice corporate action-related transaction previously instructed by, or executed on behalf of, the account owner
568 Corporate Action Narrative Provides complex instructions or narrative details relating to a corporate action event
569 Triparty Collateral and Exposure Provides the details of the valuation of both the
Statement collateral and the exposure
574 IRS 1441 NRA-IRS Provides owner or pooled income information Beneficial Owners’ List for a period of time arranged between the
intermediary and the withholding agent 574 IRS 1441 NRA-Form W8-BEN Certifies the foreign status of a beneficial
owner for United States tax withholding 575 Report of Combined Activity Reports on all securities and cash activity
for a given combination of safekeeping and cash accounts
MT MT Name Purpose
576 Statement of Open Orders Provides details of orders to buy or to sell financial instruments, as at a specified date, which have been accepted by the Sender, but which have not yet been executed 577 Statement of Numbers Provides certificates numbers of securities 578 Statement Allegement Advises the account owner that a counterparty
has alleged a settlement instruction on the ? account owner’s account
579 Certificate Numbers Replaces or supplements the ‘certificate numbers’
field in a primary message, e.g. MT 577 581 Collateral Adjustment Message Claims or notifies a change in the amount of
collateral held against securities out on loan or for other reasons
586 Statement of Settlement Provides details of pending settlement allegements Allegements
Category 5 - Pre-trade / Trade: FIN
These messages are typically sent between a client (e.g. IM) and a financial institution (e.g. Broker / Dealer) to instruct a buy or sale of a security, to provide the status of the trade, and to confirm the trade between the two parties.
MT 502 Order to Buy or Sell- To instruct the purchase or sale of a given quantity of a particular financial instrument.
MT 509 Trade Status- To indicate the status of a particular trade.
Order to buy or sell Request cancellation of previous order
Replace previously sent order Duplicate an order Investment
Manager
Broker / Dealer
Advise status of Trade Cancel previously sent advise of status
Reject previously received message Investment
Manager
Broker / Dealer
MT 513 Client Advice of Execution- To provide brief and early information to the Instructing Party about a deal executed at its instruction. This advice of execution applies to a deal that cannot yet be fully confirmed (e.g. a block trade which is to be allocated).
Category 5 - Post-trade / Pre-settlement
MT 514 Trade Order Allocation- To instruct the allocation of a block trade. Each message can only contain one allocation. Settlement details are optional and can be provided where standing instructions do not apply, or are not available.
MT 515 Client Confirmation of Purchase or Sale- To confirm the details of a purchase or sale. It is also used to provide details on the payment side of the transaction. Where legally accepted, this message serves as a binding electronic contract note.
Advice of execution
Resend and advice previously sent Cancel previously sent advice of execution Investment
Manager
Broker / Dealer
Instruct allocation of block trade Request cancellation of previous allocation instruction
Provide pre-allocation details linked to an order Duplicate an allocation previouslt sent Investment
Manager
Broker / Dealer
Confirm details of purchase or sale Request cancellation of previous client confirmation
Duplicate a confirmation previously sent Investment
Manager
Executing Party
Positive affirmation of previously received confirmation Investment
Manager
Executing Party
Confirm booking of trade at account level Cancel previously sent confirm Replace previously sent confirm Investment
Manager
Executing Party
Acknowledge receipt of allocation instruction Report errors in allocation instruction Investment
Manager
Broker / Dealer Affirm confirmation of allocation
Reject previously sent affirm Investment
Manager
Broker / Dealer MT 517 Trade Confirmation Affirmation- To positively affirm the details of a previously received confirmation or contract note. The trade confirmation details that are affirmed bind the Sender and Receiver.
Confirmation
This is sent by the executing party to the IM to confirm the booking of a trade at the individual account level.
Confirmation Ack
This is sent by the IM to the executing party to affirm or reject the confirmation message.
Allocation Instruction
This is sent by the IM to the executing party, and follows up New Order before or after the trade is filled. It is used to indicate how a trade is allocated into specific accounts.
Intra-position advice
Intra-position confirmation Request cancellation of previously sent advice
Duplicate an advice previously sent Investment
Manager Custodian
Instruct intra-position movement of securities Request cancellation of previously sent instruction
Duplicate an instruction previously sent Investment
Manager Custodian
Instruct receipt of securities “free of payments”
Pre-advise of a forthcoming instruction
Request cancellation of previously sent instruction Duplicate an instruction previously sent Investment
Manager Custodian
Category 5 - Clearing and Settlement
These messages are typically sent between a client (e.g. IM) and a financial institution (e.g. Custodian) or service provider (e.g. electronic trade confirmation provider) to provide settlement instructions, and confirmations of settlement.
MT 508 Intra-Position Advice - To confirm the increase or decrease in the number of securities of a certain status within a holding (e.g. movements from one sub-balance to another sub-balance within the same account).
MT 524 Intra-Position Instruction - To instruct the movement of securities within the holding (e.g. re-registration of securities from one sub-balance to another sub-balance).
MT 540 Receive Free Instruction - To instruct the receipt of financial instruments, free of payment, from a specified party.
Instruct receipt of securities “against payments”
Pre-advise of a forthcoming instruction
Request cancellation of previously sent instruction Duplicate an instruction previously sent Investment
Manager Custodian
Instruct receipt of securities “free of payments”
Pre-advise of a forthcoming instruction Request cancellation of previously sent instruction
Duplicate an instruction previously sent Investment
Manager Custodian
Instruct receipt of securities «against payments»
Pre-advise of a forthcoming instruction
Request cancellation of previously sent instruction Duplicate an instruction previously sent Investment
Manager
Custodian Instruct receipt of securities «against payments»
Pre-advise of a forthcoming instruction Request cancellation of previously sent instruction
Duplicate an instruction previously sent Investment
Manager
Custodian MT 541 Receive Against Payment Instruction- To instruct the receipt of financial instruments, against payment, from a specified party.
MT 542 Deliver Free Instruction- To instruct a delivery of financial instruments, free of payment, to a specified party.
MT 543 Delivery Against Payment Instruction- To instruct a delivery of financial instruments, against payment, to a specified party.
MT 544 Receive Free Confirmation- To confirm a receipt of financial instruments, free of payment, from a specified party.
Confirm a receipt of securities «against payments»
Pre-confirm a receipt of securities «against payments»
Confirm partial settlement
Request cancellation of previously sent confirmation
Duplicate a confirmation previously sent Investment
Manager
Custodian
Confirm a delivery of securities «free of payments»
Pre-confirm a delivery of securities «free of payments»
Confirm partial settlement
Request cancellation of previously sent confirmation Duplicate a confirmation previously sent Investment
Manager
Custodian
Confirm a delivery of securities «against payments»
Pre-confirm a delivery of securities «against payments»
Confirm partial settlement
Request cancellation of previously sent confirmation Duplicate a confirmation previously sent Investment
Manager
Custodian MT 545 Receive Against Payment Confirmation- To confirm the receipt of financial instruments against payment from a specified party.
MT 546 Deliver Free Confirmation- To confirm a delivery of financial instruments, free of payment, from a specified party.
MT 547 Deliver Against Payment Confirmation- To confirm a delivery of financial instruments against payment to a specified party.
Advice status of a previously received instruction
Report on future settlement or forward transaction Request cancellation of previously sent advice
Duplicate a statement previously sent Investment
Manager
Custodian
Settlement allegement
Request cancellation of a previously sent allegement Duplicate a settlement allegement previously sent Investment
Manager Custodian
MT 548 Settlement Status and Processing Advice- To advise the status of a settlement instruction, or as a reply to a cancellation request previously sent by the Account Owner.
MT 578 Settlement Allegement- To advise the Account Owner that a Counterparty has alleged a settlement instruction against the Account Owner’s account with the Account Servicer, and that the Account Servicer could not find the corresponding instruction from the Account Owner.
Category 5 - Securities Reporting
These messages are typically sent between a client (e.g. IM) and a financial institution (e.g. Custodian) to provide details of activity and holdings in an account.
MT 535 Statement of Holdings- To report on the quantity and identification of securities and other holdings which the Account Servicer holds for the Account Owner at a specified moment in time.
MT 536 Statement of Transactions- To provide the details of any increases and / or decreases of holdings, which may have occurred over a specified period of time, for all, or a selected quantity of securities in the requested safekeeping account which the Account Servicer holds for the Account Owner.
Statement of holdings
Request cancellation of a previously sent statement
Duplicate a statement previously sent Investment
Manager Custodian
MT 537 Statement of Pending Transactions- To provide the Account Owner with the details of pending increases and / or decreases in the quantity of holdings, at a specified moment in time. The message may contain details for all, or a selected quantity of securities for a specified safekeeping account. It may also give all, or a selected number of reasons why the transaction is pending.
MT 538 Statement of Intra-Position Advices- To provide the Account Owner with the details of any intra-position transfers (movement of securities within a holding) for a specified period of time, for all, or selected securities in a specified safekeeping account.
Statement of transactions
Request cancellation of a previously sent statement
Duplicate a statement previously sent Investment
Manager
Custodian
Statement of pending transactions
Request cancellation of a previously sent statement Duplicate a statement previously sent Investment
Manager
Custodian
Statement of intra-position advices
Request cancellation of a previously sent statement Duplicate a statement previously sent Investment
Manager
Custodian
Request for statement / status advice Investment
Manager
Custodian
Statement of combined activity
Request cancellation of a previously sent statement Duplicate a statement previously sent Investment
Manager
Custodian
Send a statement
Request cancellation of a previously sent statement
Duplicate a statement previously sent Investment
Manager
Broker / Dealer MT 549 Request for Statement / Status Advice- To request a statement or status messages (e.g. MT 509, 535, 536, 537, 538, 575, 576, 584, 586, 589). The request for a statement / status advice can be used as a query message to gather information for one account, at a given date or period of time.
MT 575 Report of Combined Activity- To report on all securities and cash activity for a given combination of safekeeping and cash accounts. This message is intended to provide a summary of all cash and securities activity for a given safekeeping account linked to one (or multiple) cash accounts, or for a given cash account linked to multiple safekeeping accounts.
MT 576 Statement of Open Orders- To identify orders which have not yet been fully executed.
Statement of pending settlement allegements
Request cancellation of a previously sent statement Duplicate a statement previously sent Investment
Manager
Custodian
Corporate Action Notification - MT 564 Corporate Action Instruction - MT 565
Corporate Confirmation - MT 566 Corporate Action Status & Processing Advice - MT 567
Corporate Action Narrative - MT 568 Investment
Manager Custodian
Preliminary notification
Replace a previously sent notification Request cancellation of previous notification
Withdrawal of offer or event
Replace a previously sent notification with entitlement Reminder of deadline
Duplicate of notification previously sent Investment
Manager Custodian
MT 586 Statement of Settlement Allegements- To provide the details of pending settlement allegements, for all or selected securities in a specified safekeeping account, for a given point in time.
Category 5 - Corporate Actions / Entitlements
These messages are typically sent between a client (e.g. IM) and a financial institution (e.g. Custodian) to provide details of corporate actions affecting a particular account, and instructions on voluntary events.
MT 564 Corporate Action Notification- To provide an Account Owner with the details of a corporate action event. It may also include possible elections or choices available to the Account Owner. The MT 564 can initially be sent as a preliminary advice, and subsequently replaced by another MT 564 with complete or confirmed information. The message will also be used to provide the Account Owner with a calculation of the impact a corporate action event will have on a safekeeping, or cash, account.
Corporate Action Instruction Request cancellation of previous instruction
Replace a previously sent instruction Duplicate of instruction previously sent Investment
Manager Custodian
Corporate Action confirmation Reverse a previously sent confirmation
Duplicate a confirmation previously sent Investment
Manager Custodian
Advise status of corporate action Duplicate an advice previously sent Investment
Manager Custodian
Corporate action narrative Cancel a previously Corporate action narrative Duplicate a previously Corporate action narrative Investment
Manager Custodian
MT 565 Corporate Action Instruction- To provide the Account Servicer with
instructions on how the Account Owner wishes to proceed with a corporate action event.
Instructions include investment decisions regarding the exercise of rights issues, the election of stock, or cash, when the option is available, and decisions on the conversion or tendering of securities.
MT 566 Corporate Confirmation- To confirm to the Account Owner that securities and / or cash have been credited / debited to an account, as the result of a corporate action event.
MT 567 Corporate Action Status & Processing Advice- To advise the status, or a change in status, of a corporate-action-related transaction previously instructed by, or executed on behalf of, the Account Owner.
MT 568 Corporate Action Narrative- To provide complex instructions or narrative details relating to a corporate action event.
Category 5 - Collateral Management - Bi-lateral
MT 503 Collateral Claim- This message is sent either by the collateral taker to the collateral giver, or vice versa by the collateral giver to the collateral taker.
When sent by the taker, it is used to request new collateral at the initiation of an exposure, and / or request additional collateral. When sent by the giver, it is used to request the return of collateral, and / or recall the collateral upon the termination of an underlying exposure.
MT 504 Collateral Proposal- This message is sent by the collateral giver to the collateral taker to propose new collateral at the initiation of an exposure, and / or propose additional collateral at variation of exposure.
MT 505 Collateral Substitution- This message is sent by the collateral giver to the collateral taker to propose the substitution of collateral held. This message is also sent by the collateral taker to the collateral giver to request the substitution of collateral held.
MT 506 Collateral And Exposure Statement- This message is sent either by the
MT 506 Collateral And Exposure Statement- This message is sent either by the