ISO 20022 · Market area
COMMCommodities
Published definition
Precious metals and other commodities such as palm oil.
Code set and usage
Market area contains 19 registered codes. Its exact identifier is ExternalMarketArea1Code.
Specifies the external market code, to which the instruction, operation or report relates, in the format of character string with a maximum length of 4 characters. The list of valid codes is an external code set published separately. External code sets can be downloaded from www.iso20022.org.
Use the code with the applicable message version and implementation guide. A matching code value alone does not establish the same meaning in another set.
This code in other sets 6
These share the characters COMM. Their meanings belong to their respective sets.