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.
ImpliedMarketIndicatorCodeSet
| 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] |
|