---
title: "FIX 5.0 SP2 EP292: TradeCondition <277> field – FIX Dictionary – Onix Solutions"
description: " "
---
# TradeCondition <277> field
## FIX 5.0 SP2 EP292
### Description
Type: [MultipleStringValue](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/index.html#MultipleStringValue)
Space-delimited list of conditions describing a trade
Valid values:
- A = Cash (only) Market
- B = Average Price Trade
- C = Cash Trade (same day clearing)
- D = Next Day (only)Market
- E = Opening/Reopening Trade Detail
- F = Intraday Trade Detail
- G = Rule 127 Trade (NYSE)
- H = Rule 155 Trade (AMEX)
- I = Sold Last (late reporting)
- J = Next Day Trade (next day clearing)
- K = Opened (late report of opened trade)
- L = Seller
- M = Sold (out of sequence)
- N = Stopped Stock (guarantee of price but does not execute the order)
- P = Imbalance More Buyers (cannot be used in combination with Q)
- Q = Imbalance More Sellers (cannot be used in combination with P)
- R = Opening Price
- S = Bargain Condition (LSE)
- T = Converted Price Indicator
- U = Exchange Last
- V = Final Price of Session
- W = Ex-pit
- X = Crossed
- Y = Trades resulting from manual/slow quote
- Z = Trades resulting from intermarket sweep
- a = Volume Only
- b = Direct Plus
- c = Acquisition
- d = Bunched
- e = Distribution
- f = Bunched Sale
- g = Split Trade
- h = Cancel Stopped
- i = Cancel ETH
- j = Cancel Stopped ETH
- k = Out of Sequence ETH
- l = Cancel Last ETH
- m = Sold Last Sale ETH
- n = Cancel Last
- o = Sold Last Sale
- p = Cancel Open
- q = Cancel Open ETH
- r = Opened Sale ETH
- s = Cancel Only
- t = Cancel Only ETH
- u = Late Open ETH
- v = Auto Execution ETH
- w = Reopen
- x = Reopen ETH
- y = Adjusted
- z = Adjusted ETH
- AA = Spread
- AB = Spread ETH
- AC = Straddle
- AD = Straddle ETH
- AE = Stopped
- AF = Stopped ETH
- AG = Regular ETH
- AH = Combo
- AI = Combo ETH
- AJ = Official Closing Price
- AK = Prior Reference Price
- AL = Stopped Sold Last
- AM = Stopped Out of Sequence
- AN = Official Closing Price (duplicate enumeration - use 'AJ' instead)
- AO = Crossed (duplicate enumeration - use 'X' instead)
- AP = Fast Market
- AQ = Automatic Execution
- AR = Form T
- AS = Basket Index
- AT = Burst Basket
- AU = Trade through exempt
Trade ignored prices on away markets.
- AV = [Outside Spread](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/glossary.html#OutsideSpread)
- AW = Last auction price
Trade represents outcome of last auction
- AX = High price
Trade establishes new high price for the session
- AY = Low price
Trade establishes new low price for the session
- AZ = Systematic Internaliser (SI)
Trade conducted by Systematic Internaliser (SI).
- BA = Away market
Trade conducted on away market
- BB = Mid-point price
Trade represents current midpoint price
- BC = Traded before issue date
Trade conducted during subscription phase of new issue
- BD = Previous closing price
Trade represents closing price of previous business day
- BE = National Best Bid and Offer
Trade price within National Best Bid and Offer (NBBO)
- 0 = Cancel
- 1 = Implied Trade
- 2 = [Marketplace entered trade](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/glossary.html#MarketOperationsEnteredTrade)
- 3 = [Mult Asset Class Multileg Trade](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/glossary.html#MultiAssetClassMultilegTrade)
- 4 = [Multileg-to-Multileg Trade](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/glossary.html#MultilegToMultilegTrade)
- 5 = Short Sale Minimum Price
- 6 = Benchmark
Market Model Typology (MMT) terminology: The "benchmark" price depends on a benchmark which has no current price but derived from a time series such as a VWAP.
### Used In
- [](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/compBlock_MDFullGrp.html)
- [](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/compBlock_MDIncGrp.html)
- [](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/compBlock_MDStatisticParameters.html)
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