Code Set NameData TypeDescriptionPedigree
ImpliedMarketIndicatorCodeSetint

Indicates that an implied market should be created for either the legs of a multi-leg instrument (Implied-in) or for the multi-leg instrument based on the existence of the legs (Implied-out). Determination as to whether implied markets should be created is generally done at the level of the multi-leg instrument. Commonly used in listed derivatives.


0=

Not implied

Added EP42 [NotImplied]
1=

Implied-in - The existence of a multi-leg instrument is implied by the legs of that instrument

Added EP42 [ImpliedIn]
2=

Implied-out - The existence of the underlying legs are implied by the multi-leg instrument

Added EP42 [ImpliedOut]
3=

Both Implied-in and Implied-out

Added EP42 [BothImpliedInAndImpliedOut]
Added EP42

Used in fields:
[ImpliedMarketIndicator]