Markets registered with regulators such as exchange, multilateral trading facility (MTF), swap execution facility (SEF). In the context of regulatory reporting (e.g. CFTC reporting), this is used for regulated markets, e.g. swap markets.
Added EP161
[RegisteredMarket]
O
=
Off-market
Off-book, off-facility. In the context of regulatory reporting (e.g. CFTC reporting) this identifies trades conducted away from a regulated market.
Added EP161
[OffMarket]
B
=
Central limit order book
Added EP163
[CentralLimitOrderBook]
Q
=
Quote driven market
Added EP163
[QuoteDrivenMarket]
D
=
Dark order book
Added EP163
[DarkOrderBook]
A
=
Auction driven market
Markets where matching occurs only in scheduled auctions.
Added EP216
[AuctionDrivenMarket]
N
=
Quote negotiation
Discretionary quoting on request or request for quote market.
Added EP216
[QuoteNegotiation]
V
=
Voice neotiation
A trading system where transactions between members are arranged through voice negotiation.
Added EP228
[VoiceNegotiation]
H
=
Hybrid market
A hybrid system falling into two or more types of trading systems. Can also be used for ESMA RTS 1 other type of trading system.