TagField NameAbbr NameData TypeUnion DatatypeDescriptionPedigree
2667AlgorithmicTradeIndicatorAlgoTrdIndint

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


AlgorithmicTradeIndicatorCodeSet
0=

Non-algorithmic trade

Added EP216 [NonAlgorithmicTrade]
1=

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 messages:
[ExecutionReport][TradeCaptureReport]
Used in components:
[MDFullGrp][MDIncGrp]