Appendix D – Liquidity Flags#
Flag |
Description |
|---|---|
A |
Added liquidity |
R |
Removed liquidity |
H |
Hidden or non-displayed execution |
W |
Retail price improvement execution |
J |
Routed liquidity |
K |
Routed and removed liquidity |
X |
Cross execution |
O |
Opening cross |
C |
Closing cross |
M |
Midpoint execution |
L |
Retail designated order execution |