A code that describes the reason that an update occurred. positionUpdateReasonCodeScheme 1-0 http://www.fpml.org/coding-scheme/position-update-reason-code http://www.fpml.org/coding-scheme/position-update-reason-code-1-0 http://www.fpml.org/coding-scheme/position-update-reason-code-1-0.xml Code 63 Source Description key NewTrade FpML New Trade. Amendment FpML Amendment. Termination FpML Termination. Novation FpML Novation. Exercise FpML Exercise. Cancellation FpML Cancellation. Increase FpML Increase. Correction FpML Correction. NonNegotiatedChange FpML Non Negotiated Change.