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Settlement status codes

DQUA: Disagreement Quantity

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DQUA points at the quantity of securities in field 36B. Under NMAT the quantities differ; under REJT or REPR the quantity is not acceptable.

Code
DQUA
Kind
Reason (24B)
Used with
NMAT, REJT, REPR

What DQUA means

Under :24B::NMAT//DQUA your quantity differs from the counterparty’s. In T2S the settlement quantity is a mandatory matching field and must be identical.

Under :24B::REJT//DQUA or :24B::REPR//DQUA the quantity is invalid, for example the wrong quantity type for the security or a malformed number. Related reasons MINO and MUNO cover quantities below the minimum or not a multiple of the lot size.

When you see it

  • When one side instructs units (UNIT) and the other face amount (FAMT), and after a partial allocation that only one side booked.

What to do next

  • Compare :36B::SETT// in sequence C, including the quantity type code (UNIT, FAMT, AMOR).
  • Check whether the trade was split or allocated differently. The wrong side re-instructs.

Where it appears in MT and ISO 20022

MT (ISO 15022)

  • MT548 sequence A2a, :24B::NMAT//DQUA, :24B::REJT//DQUA or :24B::REPR//DQUA
  • The field it refers to: :36B::SETT// in sequence C (FIAC) of the MT540 to MT543

MX (ISO 20022)

  • sese.024 MtchgSts/Umtchd/Rsn/Cd/Cd, PrcgSts/Rjctd/Rsn/Cd/Cd or PrcgSts/Rpr/Rsn/Cd/Cd = DQUA (sese.024.001.12); echoed quantity in TxDtls/SttlmQty