Reference Case Number: FOI8042
Freedom of Information: Right to know request:
A breakdown of all MDP rejection codes for MIFID RTS22 Transaction Report rejections for 2018, 2019, 2020?
To clarify, these rejection codes are codes assigned to a transaction when it is rejected by the MDP portal processing.
For example, a sample of common error codes are as follows:
- CON-412 Instrument is not valid in reference data on transaction date.
- CON-370 Country of branch membership is missing.
- CON-360 Venue MIC is not valid for the trade date.
We are seeking a breakdown by percentage of each error code:
For example:
- CON-412 %50 of all rejected transactions are due to this error code.
- CON-370 %25 of all rejected transactions are due to this error code.
- CON-360 %5 of all rejected transactions are due to this error code.
FCA response:
Refer to supporting documents below