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of <h1>Securities Transaction Tax Changes: Mandatory STP Messaging Format Updates for IFN515, Optional for IFN540-543 by October 1, 2004.</h1> The circular addresses modifications in the Straight Through Processing (STP) messaging formats due to the implementation of the Securities Transaction Tax (STT). It mandates changes to specific message types (IFN515, IFN540, IFN541, IFN542, IFN543) to include a new qualifier for identifying STT amounts. The STT block must precede the Settlement Amount Block, and its inclusion is mandatory in IFN515 and optional in others. The STP central hub and service providers must implement these changes by October 1, 2004. Exchanges are required to amend their regulations accordingly to align with these updates.
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