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setr: Securities Trade

setr.010 Subscription Order

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setr.010 is the ISO 20022 SubscriptionOrder message in the Securities Trade business area (setr). The latest version is setr.010.001.04, and 3 versions are in the repository.

Message
SubscriptionOrder
Latest version
setr.010.001.04
Submitting organisation
Not read from the catalogue
MT equivalent
MT502

In use: published in the current ISO 20022 catalogue.

What setr.010 is for

The SubscriptionOrder message is sent by an instructing party, for example, an investment manager or its authorised representative, to the executing party, for example, a transfer agent, to instruct the subscription of one or more financial instruments for one investment fund account.

The SubscriptionOrder message is used to instruct single subscription orders, that is, a message containing one order for one financial instrument for one investment account. The SubscriptionOrder message may also be used for multiple orders, that is, a message containing several orders for the same investment account for different financial instruments.

For a single subscription order, the SubscriptionOrder message, not the SubscriptionBulkOrder message, must be used.

If there are subscription orders for the same financial instrument but for different accounts that are to be communicated in a single message, then the SubscriptionBulkOrder message must be used.

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

setr.010 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
setr.010.001.04latestRegisteredLatest version set
setr.010.001.03RegisteredPrevious version set
setr.010.001.02RegisteredArchive

setr.010 message structure

The building blocks of setr.010.001.04 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]
    • SbcptOrdr SubscriptionOrder [1..1]
      • MsgId Message Identification [1..1]MessageIdentification1

        Reference that uniquely identifies the message from a business application standpoint.

        • Id Identification [1..1]Max35Text

          Identification of the message.

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

          Date of creation of the message.

      • PoolRef Pool Reference [0..1]AdditionalReference9

        Collective reference identifying a set of messages.

        • Ref Reference [1..1]Max35Text

          Reference identifying a set of messages.

        • RefIssr Reference Issuer [0..1]PartyIdentification113

          Issuer of the reference.

          • Pty Party [1..1]PartyIdentification90Choice (choice)
          • LEI LEI [0..1]LEIIdentifier
        • MsgNm Message Name [0..1]Max35Text

          Name of the message.

      • PrvsRef Previous Reference [0..*]AdditionalReference8

        Reference to a linked message that was previously sent.

        • Ref Reference [1..1]Max35Text

          Reference issued by a party to identify an instruction, transaction or a message.

        • RefIssr Reference Issuer [0..1]PartyIdentification113

          Issuer of the reference.

          • Pty Party [1..1]PartyIdentification90Choice (choice)
          • LEI LEI [0..1]LEIIdentifier
        • MsgNm Message Name [0..1]Max35Text

          Name of the message.

      • MltplOrdrDtls Multiple Order Details [1..1]SubscriptionMultipleOrder6

        General information related to the orders.

        • MstrRef Master Reference [0..1]Max35Text

          Unique and unambiguous identifier for a group of individual orders, as assigned by the instructing party.

        • PlcOfTrad Place Of Trade [0..1]PlaceOfTradeIdentification1Choice (choice)

          Market in which the advised trade transaction was executed.

          • Ctry Country [1..1]CountryCode
          • Xchg Exchange [1..1]MICIdentifier
          • Pty Party [1..1]AnyBICIdentifier
          • OverTheCntr Over The Counter [1..1]Max35Text
        • OrdrDtTm Order Date Time [0..1]ISODateTime

          Date and time the order is placed by the investor or its agent.

        • XpryDtTm Expiry Date Time [0..1]DateAndDateTimeChoice (choice)

          Date on which the order expires.

          • Dt Date [1..1]ISODate
          • DtTm Date Time [1..1]ISODateTime
        • ReqdFutrTradDt Requested Future Trade Date [0..1]ISODate

          Future date at which the investor requests the order to be executed.

        • CxlRght Cancellation Right [0..1]CancellationRight1Choice (choice)

          Cancellation right of the investor with respect to the investment fund order.

          • Cd Code [1..1]CancellationRight1Code
          • Prtry Proprietary [1..1]GenericIdentification47
        • InvstmtAcctDtls Investment Account Details [1..1]InvestmentAccount58

          Account impacted by the investment fund order.

          • AcctId Account Identification [1..1]Max35Text
          • AcctNm Account Name [0..1]Max35Text
          • AcctDsgnt Account Designation [0..1]Max35Text
          • OwnrId Owner Identification [0..*]PartyIdentification113
          • AcctSvcr Account Servicer [0..1]PartyIdentification113
          • OrdrOrgtrElgblty Order Originator Eligibility [0..1]OrderOriginatorEligibility1Code
          • SubAcctDtls Sub Account Details [0..1]SubAccount6
        • BnfcryDtls Beneficiary Details [0..*]IndividualPerson31

          Additional information about the investor.

          • Nm Name [0..1]Max350Text
          • BirthDt Birth Date [0..1]ISODate
          • CtryAndResdtlSts Country And Residential Status [0..1]CountryAndResidentialStatusType2
          • BnfcryCertfctnCmpltn Beneficiary Certification Completion [0..1]BeneficiaryCertificationCompletion1Code
          • OthrId Other Identification [0..*]GenericIdentification164
        • IndvOrdrDtls Individual Order Details [1..*]SubscriptionOrder14

          Order to invest the investor's principal in an investment fund.

          • OrdrRef Order Reference [1..1]Max35Text
          • ClntRef Client Reference [0..1]Max35Text
          • OrdrTp Order Type [0..10]FundOrderType4Choice (choice)
          • FinInstrmDtls Financial Instrument Details [1..1]FinancialInstrument57
          • SubAcctForHldg Sub Account For Holding [0..1]SubAccount6
          • AmtOrUnits Amount Or Units [1..1]FinancialInstrumentQuantity27Choice (choice)
          • Rndg Rounding [0..1]RoundingDirection2Code
          • SttlmAmt Settlement Amount [0..1]ActiveCurrencyAndAmount
          • CshSttlmDt Cash Settlement Date [0..1]ISODate
          • SttlmMtd Settlement Method [0..1]DeliveryReceiptType2Code
          • FXDtls Foreign Exchange Details [0..1]ForeignExchangeTerms32
          • IncmPref Income Preference [0..1]IncomePreference1Code
          • LttrInttRef Letter Intent Reference [0..1]Max35Text
          • AcmltnRghtRef Accumulation Right Reference [0..1]Max35Text
          • TxOvrhd Transaction Overhead [0..1]FeeAndTax1
          • SttlmAndCtdyDtls Settlement And Custody Details [0..1]FundSettlementParameters11
          • PhysDlvryInd Physical Delivery Indicator [1..1]YesNoIndicator
          • PhysDlvryDtls Physical Delivery Details [0..1]NameAndAddress4
          • ReqdSttlmCcy Requested Settlement Currency [0..1]ActiveCurrencyCode
          • ReqdNAVCcy Requested NAV Currency [0..1]ActiveOrHistoricCurrencyCode
          • CshSttlmDtls Cash Settlement Details [0..1]PaymentTransaction70
          • NonStdSttlmInf Non Standard Settlement Information [0..1]Max350Text
          • StffClntBrkdwn Staff Client Breakdown [0..4]InvestmentFundsOrderBreakdown2
          • FinAdvc Financial Advice [0..1]FinancialAdvice1Code
          • NgtdTrad Negotiated Trade [0..1]NegotiatedTrade1Code
          • RltdPtyDtls Related Party Details [0..10]Intermediary40
          • Equlstn Equalisation [0..1]Equalisation1
          • SrcOfCsh Source Of Cash [0..*]SourceOfCash1Choice (choice)
          • CstmrCndctClssfctn Customer Conduct Classification [0..1]CustomerConductClassification1Choice (choice)
          • TxChanlTp Transaction Channel Type [0..1]TransactionChannelType1Choice (choice)
          • SgntrTp Signature Type [0..1]SignatureType1Choice (choice)
          • OrdrWvrDtls Order Waiver Details [0..1]OrderWaiver1
        • BlkCshSttlmDtls Bulk Cash Settlement Details [0..1]PaymentTransaction70

          Payment process for the transfer of cash from the debtor to the creditor.

          • PmtInstrm Payment Instrument [1..1]PaymentInstrument20Choice (choice)
        • TtlSttlmAmt Total Settlement Amount [0..1]ActiveCurrencyAndAmount

          Total amount of money paid /to be paid or received in exchange for the financial instrument in the multiple order.

      • CpyDtls Copy Details [0..1]CopyInformation4

        Information provided when the message is a copy of a previous message.

        • CpyInd Copy Indicator [1..1]YesNoIndicator

          Indicates whether the message is a copy.

        • OrgnlRcvr Original Receiver [0..1]AnyBICIdentifier

          Original receiver of the message, if this message is a copy.

      • Xtnsn Extension [0..*]Extension1

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

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

          Name qualifying the information provided in the Text field, and place where this information should be inserted.

        • Txt Text [1..1]Max350Text

          Text of the extension.

Have a setr.010 message? Paste it into the parser to see every element with its name and definition, and format checks on BICs, IBANs, dates and amounts.

External code sets used in setr.010

These elements take their values from ISO 20022 external code sets, which are published separately and updated every quarter without a new message version.

setr.010 questions

What is the latest version of setr.010?
The latest version in the ISO 20022 e-Repository release of 24 April 2025 is setr.010.001.04.
What is the root element of setr.010?
The XML document is Document with the namespace urn:iso:std:iso:20022:tech:xsd:setr.010.001.04, and its message element is SbcptOrdr (SubscriptionOrder).
Is there an MT equivalent of setr.010?
Yes. setr.010 does the same business job as MT502. Field-level translation has gaps in both directions.

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.