ExternalTradeTransactionCondition1Code
SSTI Code: Sold Short
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SSTI means sold short in the ISO 20022 trade transaction condition code set. Trade is sold short. When the seller does not have the financial instrument, the delivery is effected by borrowing the financial instrument by or for the account of the seller.
- Code
- SSTI
- ISO name
- SoldShort
- Status
- Registered
- Last updated
- 2011-08-31
Official definition
Trade is sold short. When the seller does not have the financial instrument, the delivery is effected by borrowing the financial instrument by or for the account of the seller.
Messages and fields that use ExternalTradeTransactionCondition1Code
SSTI questions
- What does SSTI mean in ISO 20022?
- SSTI is Sold Short in the ExternalTradeTransactionCondition1Code code set: Trade is sold short. When the seller does not have the financial instrument, the delivery is effected by borrowing the financial instrument by or for the account of the seller.
- Where does SSTI appear in a message?
- For example in setr.027, element TradDtls/TradTxCond/Cd.
All ExternalTradeTransactionCondition1Code codes · ISO 20022 code sets
The ISO 20022 code names and definitions on this page are reproduced from material published at iso20022.org under the ISO 20022 Intellectual Property Rights policy. This is not the official source: the up-to-date ISO 20022 standards and repository material are published only at iso20022.org. Explanations in our own words are by ZagTrader. ZagTrader is not affiliated with or endorsed by ISO or Swift.