Description

Type: int

Used to describe the origin of an entry in the book

Valid values:

  • 0 = Book
  • 1 = Off-Book
  • 2 = Cross
  • 3 = Quote driven market

    Examples for quote driven markets are market maker or specialist market models.

  • 4 = Dark order book
  • 5 = Auction driven market

    Markets where matching occurs only in scheduled auctions.

  • 6 = Quote negotiation

    Discretionary quoting on request or "request for quote" market.

  • 7 = Voice negotiation

    A trading system where transactions between members are arranged through voice negotiation.

  • 8 = Hybrid market

    A hybrid system falling into two or more types of trading systems. Can also be used for ESMA RTS 1 "other type of trading system".

Used In