ZagTrader

reda: Reference Data

reda.018 Securities Account Creation Request

Written and maintained by ZagTrader. Last reviewed . How this page is sourced and checked

reda.018 is the ISO 20022 SecuritiesAccountCreationRequest message in the Reference Data business area (reda). The latest version is reda.018.001.01.

Message
SecuritiesAccountCreationRequest
Latest version
reda.018.001.01
Submitting organisation
T2S
MT equivalent
None listed

In use: published in the current ISO 20022 catalogue.

What reda.018 is for

The SecuritiesAccountCreationRequest message message is sent by an instructing party to the executing party to instruct the creation of a new securities account with the required account attributes details.

Processing and confirmation of the securities account creation request message are provided via a SecuritiesAccountStatusAdvice message.

Definition from the ISO 20022 e-Repository, release of 24 April 2025.

reda.018 versions

Every version published in the e-Repository, newest first. A message keeps its business purpose across versions; each new version is a separate schema with its own namespace.

VersionRegistration statusPublished in
reda.018.001.01latestRegisteredLatest version set

reda.018 message structure

The building blocks of reda.018.001.01 to three levels, with multiplicity ([0..1] optional, [1..1] mandatory, * any number) and the data type or component. Element names and definitions are from the ISO 20022 repository; usage guidelines such as CBPR+ or a market infrastructure's rules can restrict them further.

  • Document [1..1]
    • SctiesAcctCreReq SecuritiesAccountCreationRequest [1..1]
      • MsgHdr Message Header [0..1]MessageHeader1

        Common business identification for the message.

        • MsgId Message Identification [1..1]Max35Text

          Point to point reference, as assigned by the sender, to unambiguously identify the message.

        • CreDtTm Creation Date Time [0..1]ISODateTime

          Date and time at which the message was created.

      • SctiesAcct Securities Account [1..1]SystemSecuritiesAccount7

        Securities account to be created in the executing party system.

        • AcctOwnr Account Owner [1..1]SystemPartyIdentification8

          Party that legally owns the account.

          • Id Identification [1..1]PartyIdentification136
          • RspnsblPtyId Responsible Party Identification [0..1]PartyIdentification136
        • Id Identification [1..1]Max35Text

          Unique and unambiguous identification for the account between the account owner and the account servicer.

        • Tp Type [1..1]SystemSecuritiesAccountType1Choice (choice)

          Specifies the type of the securities account.

          • Cd Code [1..1]SystemSecuritiesAccountType1Code
          • Prtry Proprietary [1..1]GenericIdentification30
        • OpngDt Opening Date [1..1]ISODate

          Legal opening date of the securities account.

        • ClsgDt Closing Date [0..1]ISODate

          Legal closing date of the securities account.

        • HldInd Hold Indicator [1..1]TrueFalseIndicator

          Indicates whether the securities account is on hold or not.

        • NegPos Negative Position [1..1]TrueFalseIndicator

          Indicates whether the securities account can hold a negative position in a security or not.

        • MktSpcfcAttr Market Specific Attribute [0..*]MarketSpecificAttribute1

          Additional attributes defined by a central security depositary for a party.

          • Nm Name [1..1]Max35Text
          • Val Value [1..1]Max350Text
        • Rstrctn Restriction [0..*]SystemRestriction1

          Defines the specific processing characteristics for a securities account to ensure configurability of specific requirements, as prescribed by...

          • VldFr Valid From [1..1]ISODateTime
          • VldTo Valid To [0..1]ISODateTime
          • Tp Type [1..1]Max35Text
        • EndInvstrFlg End Investor Flag [0..1]Exact4AlphaNumericText

          Specifies information to identify securities accounts where allocation instructions are posted.

        • PricgSchme Pricing Scheme [0..1]Exact4AlphaNumericText

          Defines how the price is applied to the securities account.

      • SplmtryData Supplementary Data [0..*]SupplementaryData1

        Additional information that cannot be captured in the structured elements and/or any other specific block.

        • PlcAndNm Place And Name [0..1]Max350Text

          Unambiguous reference to the location where the supplementary data must be inserted in the message instance.

        • Envlp Envelope [1..1]SupplementaryDataEnvelope1

          Technical element wrapping the supplementary data.

Have a reda.018 message? Paste it into the parser to see every element with its name and definition, and format checks on BICs, IBANs, dates and amounts.

reda.018 questions

What is the latest version of reda.018?
The latest version in the ISO 20022 e-Repository release of 24 April 2025 is reda.018.001.01.
What is the root element of reda.018?
The XML document is Document with the namespace urn:iso:std:iso:20022:tech:xsd:reda.018.001.01, and its message element is SctiesAcctCreReq (SecuritiesAccountCreationRequest).
Is there an MT equivalent of reda.018?
No Swift MT message is listed as its direct equivalent on this site. Many ISO 20022 messages have no MT counterpart.

All ISO 20022 messages · ISO 20022 code sets · MT messages

The ISO 20022 message definitions, element 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.