Code Set NameData TypeDescriptionPedigree

Indicates that the order or trade originates from a computer program or algorithm requiring little-to-no human intervention.


Non-algorithmic trade

Added EP216 [NonAlgorithmicTrade]

Algorithmic trade

In the context of ESMA MiFID II, a trade has to be flagged as algorithmic if at least one of the matched orders was submitted by a trading algorithm. See Directive 2014/65/EU Article 4(1)(39).

Added EP216 [AlgorithmicTrade]
Added EP216

Used in fields: