Description

Type: String

Defines the subordinate trading session at which the order will be activated.

Valid values:

  • 1 = Pre-Trading
  • 2 = Opening or opening auction
  • 3 = (Continuous) Trading
  • 4 = Closing or closing auction
  • 5 = Post-Trading
  • 6 = Scheduled intraday auction
  • 7 = Quiescent
  • 8 = Any auction
  • 9 = Unscheduled intraday auction

    An unscheduled intraday auction might be triggered by a circuit breaker.

  • 10 = Out of main session trading

    In the context of Market Model Typology "Out of main session trading" refers to both before and after session, neither auction nor continuous trading.

  • 11 = Private auction

    An auction phase where only two parties participate.

  • 12 = Public auction

    An auction phase where all trading parties participate.

  • 13 = Group auction

    An auction phase limited to specific parties (e.g. parties that have resting orders in the order book).

Used In