BUYI

Buy

Transaction is a purchase of financial instrument by the instructing party.

CROF

Cross From

Transaction is a cross from (Funds Industry).

CROT

Cross To

Transaction is a cross to (Funds Industry).

DIVR

Reinvestment of Dividend Order

Transaction is a reinvestment of dividend order (Funds Industry. Not to be used for corporate actions).

FPOO

FPO Order

Transaction is an FPO (Follow on Public Offer) bid or order.

IPOO

IPO Order

Transaction is an IPO (Initial Public Offering) bid or order.

IPPO

IPP Order

Transaction is an IPP (Institutional Placement Programme) bid or order.

REDM

Redemption

Transaction is a redemption of funds.

SELL

Sell

Transaction is a sale of financial instrument by the instructing party.

SUBS

Subscription

Transaction is a subscription to funds.

SWIF

Switch From

Transaction is a change of an investment from one sub-fund to another sub-fund (redemption-leg).

SWIT

Switch To

Transaction is a change of an investment from one sub-fund to another sub-fund (subscription-leg).

AVER

Average Execution Price

Price is an average execution price.

AVOV

Override of the Average Price

Price is an override of the average price.

GREX

Gross Execution Price

Price is an all inclusive price, that is, including all charges, fees and taxes.

NET1

Net Price 1

Price is a net price, that is, net of all charges, taxes, or fees.

NET2

Net Price 2

Price is a net price, that is, net only of local broker's commission, local fees, or local taxes.

PARV

Par Value

Price is a par value or equal to the nominal or face value of the instrument.

RDAV

Rounded Average Price

Price is a rounded average price.

CLOP

Close Position

Trade is to close a position.

OPEP

Open Position

Trade is to open a position.

DEFR

Deferred Report

The report is deferred, for example, because the order was executed in partial fills.

EXCH

Stock Exchange

Trade details are to be reported to a stock exchange. This stock exchange is identified in sequence E Other Parties.

TTRE

Regulatory

Trade details are to be reported to a regulatory organisation. This stock regulatory organisation is identified in sequence E Other Parties.

GENS

Instruction Generation by ETC Provider

Specifies if the ETC service provider is to generate a settlement instruction.

NOGE

Not Instruction Generation by ETC Provider

Specifies if the ETC service provider is not to generate a settlement instruction where a previous agreement to do so exists.

BCBL

Board Lots

Trade is to be executed on board lots; not set for odd lots (UK specific).

BCBN

Bad Names

Trade is to be executed on bad names, not set for good names (UK specific).

BCFD

Form of Delivery

Not for foreign registration when unset (UK specific).

BCPD

Place of Delivery

In country of incorporation when unset (UK specific).

BCRO

Result of Option When Set

Result of option when set (UK specific).

BCRP

Result of Repo When Set

Result of repo when set (UK specific).

BLKO

Block Order

Trade is a block trade, allocation instructions will follow.

BTEX

Best Execution

Trade was executed at best execution.

BTMI

Bought Minus

Bought minus indicator.

CALL

Call

Trade executed following the exercise of a call option on the security.

CBNS

Cum Bonus

Trade is executed cum bonus.

CCPN

Cum Coupon

Trade is executed cum coupon.

CDIV

Cum Dividend

Trade is executed cum dividend.

CLBR

Closure Before Rollover

Trade executed for closure of a previous position before the rollover of a position (Deferred Settlement Service).

CLEN

Clean

Trade is to be executed clean, that is, does not pay government tax on the accrued interest on the bond, and consequently price is higher.

CRST

Cross Trade Allowed

Cross trades are allowed whereby buy and sell orders are offset without recording the trade on the exchange.

CRTS

Cum Rights

Trade is executed cum rights.

CWAR

Cum Warrants

Trade is executed cum warrants.

DIOR

Directed Order

Trade is executed with a specific trading party.

DIRT

Dirty

Trade is executed dirty, that is, pay government tax on the accrued interest of the bond.

DORD

Direct Order

Trade is executed by a trading party other than the trading party to which the order is sent. In this case, the instructing party has traded with another broker which will subsequently send an advice of execution to the executing party.

FORW

Forward Price

Trade is based on forward price. Price was calculated after the close of the dealing period.

FRAC

Fractional Parts Allowed

Fractional parts allowed.

GTDL

Guaranteed Delivery

Delivery of the financial instrument on settlement date is guaranteed.

HIST

Historic Price

Trade is based on historic price.

MAPR

Market Price

The trade was executed at market price.

MONT

Monthly

Trade executed for month-end settlement (Deferred Settlement Service).

NBFR

New Trade Following Rollover

Trade executed for a new trade position on the next month following the rollover of a position (Deferred Settlement Service).

NCRS

No Cross Trade Allowed

No cross trade allowed.

NEGO

Negotiated Trade

A negotiated trade is a trade for which the price is not the one quoted but an improved one that is, negotiated price.

NMPR

Non-Market Price

The trade was executed outside of normal market conditions (for example, in the case of an iceberg order).

PETA

PreTrade Anonymity

Allows trader to explicitly request anonymity or disclosure in pre-trade market data feeds. Anonymity is relevant in markets where counterparties are regularly disclosed in order depth feeds. Disclosure is relevant when counterparties are not normally visible.

PUTT

Putt

Trade executed following the exercise of a put option on the security.

SETI

Sold Exempt

Trade is exempt from short-sale rules.

SPCU

Special Cum Dividend

Trade is executed with a special cum dividend, that is, buying after the ex date and getting the dividend.

SPEX

Special Ex Dividend

Trade is executed with a special ex dividend, that is, selling before the ex date without the coupon.

SPSI

Sold Plus

Sold plus indication.

SSTI

Sold Short

Sold short indication.

TEFR

Trade Executed Following Rollover

Trade executed this month following the rollover of positions.

TRFR

Trade Following Rollover

Trade executed on the next month following the rollover of positions.

XBNS

Ex Bonus

Trade is executed ex bonus.

XCPN

Ex Coupon

Trade is executed ex coupon.

XDIV

Ex Dividend

Trade is executed ex dividend.

XRTS

Ex Rights

Trade is executed ex rights.

XWAR

Ex Warrants

Trade is executed ex warrants.

CLDI

Per Client Agreement

Commission is as per client agreement.

FLAT

Flat Fee

Commission is a flat fee.

PERN

Percentage of Principal in Basis Points

Commission is a percentage of principal.

PERU

Per Unit

Commission is per unit of financial instrument.

PWCD

Percentage Commission Waived as Cash Discount

Commission is a percentage commission waived as cash discount.

PWEU

Percentage Commission Waived as Additional Units

Commission is a percentage commission waived as additional units.

SOFT

Soft Dollar Commission Sharing

Commission is a soft dollar percentage commission.

STEP

Commission Sharing Type is for Step-out Trade

Commission is for a step-out trade.

ALNO

All or None

A round-lot market or limit-price order which must be executed in its entirety or not at all; unlike 'fill or kill', these orders are not cancelled if not executed as soon as received.

BCSE

Buy Contra Short Exempt

Order to buy contra short exempt.

BCSH

Buy Contra Short

Order to buy contra short.

BMIN

Buy Minus

Order to buy at a price lower than the current market price. This is an order to buy a stated amount of a financial instrument provided that its price is not higher than the last sale if the last sale was a minus or zero minus tick, not higher than the last sale minus the minimum fractional change in the stock if the last sale was a plus or zero plus tick. The price limit indicates the highest price at which the order can be executed.

CARE

Carefully

Order that is not to be executed as a whole because it may disturb the price.

COMB

Combination Order

Order that is linked to another order to buy or sell and must be executed as a unit, both or none, or cancelled as a unit.

DISC

Discretionary

Order where the executing broker or investment manager decides on the quantity or price.

DNIN

Do Not Increase

Limit order to buy or stop order to sell or stop limit order that is not to be increased in shares on the ex-dividend date as a result of a stock dividend or distribution.

DNRE

Do Not Reduce

Limit order to buy or stop order to sell, or stop-limit order to sell that is not to be reduced in price by the amount of an ordinary cash dividend. Applies only to ordinary stock dividends; should be reduced for other distributions.

ICEB

Iceberg Order

Type of limit order whose overall quantity is not transparent to the market. Rather, only a client-defined part of the order is shown to the market (the 'tip of the iceberg'). Upon execution of the first 'tip' (that is partial execution to the client while for the market it does not appear to be a 'partial') the system releases the next 'tip' of the same size to the market until the 'iceberg' has been melted down successfully. Different from a usual care order.

LIWI

Limit With

Order to be executed at a limit price, with a round-lot (or board-lot) sales; valid only for odd lot orders.

LIWO

Limit Without

Order to be executed at a limit price, without a round-lot (or board-lot) sales; valid only for odd lot orders.

LMTO

Limit Order

Order to buy at the indicated price limit or lower or an order to sell at the indicated limit price or higher.

MAKT

At Market

Order to buy or sell a specified amount of a financial instrument at the quoted market price or better.

MANH

Market Not Held

Order to buy or sell a specified amount of a financial instrument at the quoted market price or better with some discretion on the price limit.

MTLO

Market to Limit Order

Type of order that couples the high possibility of execution (Market Order) with a protection against unwanted price fluctuations (Limit Order).

MUTO

Market Until Touched

Order to buy or sell a specified amount of a financial instrument at the quoted market price or better with some discretion on the price limit.

NOHE

Not Held

Order that may be executed in partials or outside the hours of the exchange or other exchange rules.

ORLI

Order Lie

Order that is related to another order where the second order may be cancelled without cancelling the first. Normally, the sell order must be executed before the buy order.

SLOS

Stop Loss

Order to sell that sets the sell price below the market price.

SPLU

Sell Plus

Order to sell a stated amount provided that the price is not lower than the last sale price if the last sale was a plus or zero plus tick and not lower than the last sale minus the minimum fractional change in the financial instrument if the last sale was a minus or zero minus tick.

STLI

Stop Limit

Stop order to buy (sell) that becomes a limit order at the limit price when the financial instrument trades at or above (below) the stop price after the order is submitted.

STOP

Stop Order

Order to buy that becomes a market order when the financial instrument trades at or above the stop price after the order is submitted or an order to sell which becomes a market order when the financial instrument trades at or below the stop price.

SSEX

Sell Short Exempt

Order to sell short which is exempt from short-sale rules.

SSHO

Sell Short

Order to sell a financial instrument that the seller does not own; a sale effected by delivering a financial instrument borrowed by or for the account of the seller.

CLOS

At the Closing

Order to be executed at or around the closing price.

FAKI

Fill and Kill

Order to be executed as much as possible. Non-executed parts of a FAK are deleted.

FIKI

Fill or Kill

Market or limit order that is to be executed in its entirety as soon as it is submitted; if not so executed, the order is to be cancelled.

GDAY

Good for the Day

Order that, if not executed, expires at the end of the trading day on which the order is entered.

GTCA

Good until Cancelled

Order that remains in effect until it is either executed or cancelled.

GTMO

Good for the Month

Order that, if not executed, expires at the end of the month on which the order is entered.

GTXO

Good till Crossed

Order that remains in effect until crossed.

IOCA

Immediate or Cancel

Market or limit order to be executed in whole or in part as soon as it is submitted; any portion not so executed is to be cancelled.

OPEN

At the Opening

Market or limit order to be executed at the opening of the stock exchange or not at all; all or part of any order not executed at the opening is treated as cancelled.

APMT

Against Payment

Against payment.

FREE

Free

Free.

FLAT

Charges/Tax Basis Flat or Absolute

Charges/tax basis is flat or absolute for the trade being allocated.

PERU

Charges/Tax Basis per Unit

Charge/tax basis is per unit of financial instrument.

SOLI

Solicited

Trade was solicited by the executing broker. The broker has suggested to his client to buy/sell financial instruments.

USOL

Unsolicited

Trade was unsolicited. The client acts on its own without advice from the executing broker.

AUCT

Auctions

Orders that are traded in regularly occurring auctions: orders are accumulated and executed on the basis of defined algorithms.

CONT

Continuous

Orders that are executed directly against each other as they hit the marketplace.