ISO 20022 · Purpose
MARGDaily Margin On Listed Derivatives
Published definition
Daily margin on listed derivatives – not segregated as collateral associated with an FCM agreement. Examples include listed futures and options margin payments; premiums for listed options not covered in the MT54X message.
Additional source information
Collateral
Code set and usage
Purpose contains 366 registered codes. Its exact identifier is ExternalPurpose1Code.
Specifies the external purpose code in the format of character string with a maximum length of 4 characters. The list of valid codes is an external code list 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.