Glossary
A glossary of conditions and indicators related to U.S. stock trading. Including various types of trade conditions, quote conditions, trade corrections, and more.
| Modifier | Condition | SIP Mapping | Update High/Low | Update Last | Update Volume |
|---|---|---|---|---|---|
| 0 | Regular Sale | @ | Yes | Yes | Yes |
| 1 | Acquisition | A | Yes | Yes | Yes |
| 2 | Average Price Trade | W | No | No | Yes |
| 3 | Automatic Execution | N/A | Yes | Yes | Yes |
| 4 | Bunched Trade | B | Yes | Yes | Yes |
| 5 | Bunched Sold Trade | G | Yes | No 1 | Yes |
| 6 | CAP Election | Yes | |||
| 7 | Cash Sale | C | No | No | Yes |
| 8 | Closing Prints | 6 | Yes | Yes | Yes |
| 9 | Cross Trade | X | Yes | Yes | Yes |
| 10 | Derivatively Priced | 4 | Yes | No 1 | Yes |
| 11 | Distribution | D | Yes | Yes | Yes |
| 12 | Form T | T | No | No | Yes |
| 13 | Extended Trading Hours (Sold Out of Sequence) | U | No | No | Yes |
| 14 | Intermarket Sweep | F | Yes | Yes | Yes |
| 15 | Market Center Official Close | M | No | No | No |
| 16 | Market Center Official Open 3 | Q | No | No | No |
| 17 | Market Center Opening Trade 3 | Yes | |||
| 18 | Market Center Reopening Trade 3 | Yes | |||
| 19 | Market Center Closing Trade 3 | Yes | |||
| 20 | Next Day | N | No | No | Yes |
| 21 | Price Variation Trade | H | No | No | Yes |
| 22 | Prior Reference Price | P | Yes | No 1 | Yes |
| 23 | Rule 155 Trade (AMEX) | K | Yes | Yes | Yes |
| 24 | Rule 127 NYSE | Yes | |||
| 25 | Opening Prints | O | Yes | Yes | Yes |
| 26 | Opened | Yes | |||
| 27 | Stopped Stock (Regular Trade) | 1 | Yes | Yes | Yes |
| 28 | Re-Opening Prints | 5 | Yes | Yes | Yes |
| 29 | Seller | R | Yes | No 1 | Yes |
| 30 | Sold Last | L | Yes | Yes 2 | Yes |
| 32 | Sold Out | Yes | |||
| 33 | Sold (out of Sequence) | Z | Yes | No 1 | Yes |
| 34 | Split Trade | S | Yes | Yes | Yes |
| 35 | Stock Option | Yes | |||
| 36 | Yellow Flag Regular Trade | Y | Yes | Yes | Yes |
| 37 | Odd Lot Trade | I | No | No | Yes |
| 38 | Corrected Consolidated Close (per listing market) | 9 | Yes | Yes | No |
| 39 | Unknown | Yes | |||
| 40 | Held | Yes | |||
| 41 | Trade Thru Exempt | Yes | |||
| 42 | NonEligible | Yes | |||
| 43 | NonEligible Extended | Yes | |||
| 44 | Cancelled | Yes | |||
| 45 | Recovery | Yes | |||
| 46 | Correction | Yes | |||
| 47 | As of | Yes | |||
| 48 | As of Correction | Yes | |||
| 49 | As of Cancel | Yes | |||
| 50 | OOB | Yes | |||
| 51 | Summary | Yes | |||
| 52 | Contingent Trade | V | No | No | Yes |
| 53 | Qualified Contingent Trade ("QCT") | 7 | No | No | Yes |
| 54 | Errored | Yes | |||
| 55 | OPENING_REOPENING_TRADE_DETAIL | Yes | |||
| 56 | Placeholder | E | TBD | TBD | TBD |
| 59 | Placeholder for 611 exempt | 8 | TBD | TBD | TBD |
1 UTDF Subscribers should only update the field values if the trade is the first or only last sale eligible trade transaction of the business day from any UTP participant.
2 UTDF subscribers should update consolidated last sale field if received prior to the End of Last Sale Eligibility Control Message (16:00:10). After End of Last Sale Eligibility Control Message is received the transaction would only update the market center-specific last sale value but not the consolidated last sale value.
3 Please note that direct data recipients, which maintain individual market center open values, should use the “Q” value as the official market center opening value and populate data displays accordingly.
| Modifier | Condition |
|---|---|
| -1 | Invalid |
| 0 | Regular |
| 1 | RegularTwoSidedOpen |
| 2 | RegularOneSidedOpen |
| 3 | SlowAsk |
| 4 | SlowBid |
| 5 | SlowBidAsk |
| 6 | SlowDueLRPBid |
| 7 | SlowDueLRPAsk |
| 8 | SlowDueNYSELRP |
| 9 | SlowDueSetSlowListBidAsk |
| 10 | ManualAskAutomatedBid |
| 11 | ManualBidAutomatedAsk |
| 12 | ManualBidAndAsk |
| 13 | Opening |
| 14 | Closing |
| 15 | Closed |
| 16 | Resume |
| 17 | FastTrading |
| 18 | TradingRangeIndication |
| 19 | MarketMakerQuotesClosed |
| 20 | NonFirm |
| 21 | NewsDissemination |
| 22 | OrderInflux |
| 23 | OrderImbalance |
| 23 | DueToRelatedSecurityNewsDissemination |
| 25 | DueToRelatedSecurityNewsPending |
| 26 | AdditionalInformation |
| 27 | NewsPending |
| 28 | AdditionalInformationDueToRelatedSecurity |
| 29 | DueToRelatedSecurity |
| 30 | InViewOfCommon |
| 31 | EquipmentChangeover |
| 32 | NoOpenNoResponse |
| 33 | SubPennyTrading |
| 34 | AutomatedBidNoOfferNoBid |
| 35 | LULDPriceBand |
| 36 | MarketWideCircuitBreakerLevel1 |
| 37 | MarketWideCircuitBreakerLevel2 |
| 38 | MarketWideCircuitBreakerLevel3 |
| 39 | RepublishedLULDPriceBand |
| 40 | OnDemandAuction |
| 41 | CashOnlySettlement |
| 42 | NextDaySettlement |
| 43 | LULDTradingPause |
| 71 | SLowDuelRPBidAsk |
| 80 | Cancel |
| 81 | Corrected_Price |
| 82 | SIPGenerated |
| 83 | Unknown |
| 84 | Crossed_Market |
| 85 | Locked_Market |
| 86 | Depth_On_Offer_Side |
| 87 | Depth_On_Bid_Side |
| 88 | Depth_On_Bid_And_Offer |
| 89 | Pre_Opening_Indication |
| 90 | Syndicate_Bid |
| 91 | Pre_Syndicate_Bid |
| 92 | Penalty_Bid |
| Modifier | Condition |
|---|---|
| 00 | Regular trade which was not corrected, changed or signified as cancel or error. |
| 01 | Original trade which was late corrected (This record contains the original time - HHMM and the corrected data for the trade). |
| 07 | Original trade which was later marked as erroneous |
| 08 | Original trade which was later cancelled |
| 10 | Cancel record (This record follows '08' records) |
| 11 | Error record (This record follows '07' records) |
| 12 | Correction record (This record follows '01' records and contains the correction time and the original "incorrect" data). The final correction will be published. |
| Modifier | Condition |
|---|---|
| 50 | Normal |
| 51 | Bankrupt |
| 52 | Deficient - Below listing requirements |
| 53 | Delinquent - Late filing |
| 54 | Bankrupt and Deficient |
| 55 | Bankrupt and Delinquent |
| 56 | Deficient and Delinquent |
| 57 | Deficient, Delinquent, and Bankrupt |
| 58 | Liquidation |
| 59 | Creations Suspended |
| 60 | Redemptions Suspended |
| 61 | Creations and/or Redemptions Suspended |
| Modifier | Condition |
|---|---|
| 100 | Normal Trading |
| 101 | Opening Delay |
| 102 | Trading Halt |
| 103 | Resume |
| 104 | No Open/No Resume |
| 105 | Price Indication |
| 106 | Trading Range Indication |
| 107 | Market Imbalance Buy |
| 108 | Market Imbalance Sell |
| 109 | Market On Close Imbalance Buy |
| 110 | Market On Close Imbalance Sell |
| 111 | No Market Imbalance |
| 112 | No Market On Close Imbalance |
| 113 | Short Sale Restriction |
| 114 | Limit Up-Limit Down |
| 115 | Quotation Resumption |
| 116 | Trading Resumption |
| 117 | Volatility Trading Pause |
| Modifier | Condition |
|---|---|
| 150 | POLYGON_RESERVED |
| 151 | Halt: News Pending |
| 152 | Update: News Dissemination |
| 153 | Halt: Single Stock Trading Pause In Affect |
| 154 | Halt: Regulatory Extraordinary Market Activity |
| 155 | Halt: ETF |
| 156 | Halt: Information Requested |
| 157 | Halt: Exchange Non Compliance |
| 158 | Halt: Filings Not Current |
| 159 | Halt: SEC Trading Suspension |
| 160 | Halt: Regulatory Concern |
| 161 | Halt: Market Operations |
| 162 | IPO Security: Not Yet Trading |
| 163 | Halt: Corporate Action |
| 164 | Quotation Not Available |
| 165 | Halt: Volatility Trading Pause |
| 166 | Halt: Volatility Trading Pause – Straddle Condition |
| 167 | Update: News and Resumption Times |
| 168 | Halt: Single Stock Trading Pause - Quotes Only |
| 169 | Resume: Qualification Issues Reviewed / Resolved |
| 170 | Resume: Filing Requirements Satisfied / Resolved |
| 171 | Resume: News Not Forthcoming |
| 172 | Resume: Qualifications - Maintenance Requirements Met |
| 173 | Resume: Qualifications - Filings Met |
| 174 | Resume: Regulatory Auth |
| 175 | New Issue Available |
| 176 | Issue Available |
| 177 | MWCB - Carry from previous day |
| 178 | MWCB - Resume |
| 179 | IPO Security: Released for quotation |
| 180 | IPO Security: Positioning window extension |
| 181 | MWCB - Level 1 |
| 182 | MWCB - Level 2 |
| 183 | MWCB - Level 3 |
| 184 | Halt: Sub Penny Trading |
| 185 | Order Imbalance |
| 186 | LULD Trading Pause |
| Modifier | Condition |
|---|---|
| 300 | NONE |
| 301 | Short Sales Restriction Activated |
| 302 | Short Sales Restriction Continued |
| 303 | Short Sales Restriction Deactivated |
| 304 | Short Sales Restriction in Effect |
| 305 | Short Sales Restriction Max |
| Modifier | Condition |
|---|---|
| 601 | NBBO_NO_CHANGE |
| 602 | NBBO_QUOTE_IS_NBBO |
| 603 | NBBO_NO_BB_NO_BO |
| 604 | NBBO_BB_BO_SHORT_APPENDAGE |
| 605 | NBBO_BB_BO_LONG_APPENDAGE |
| Modifier | Condition |
|---|---|
| 621 | HELD_TRADE_NOT_LAST_SALE_AND_NOT_ON_CONSOLIDATED |
| 622 | HELD_TRADE_LAST_SALE_BUT_NOT_ON_CONSOLIDATED |
| 623 | HELD_TRADE_LAST_SALE_AND_ON_CONSOLIDATED |
| Modifier | Condition |
|---|---|
| 501 | RETAIL_INTEREST_ON_BID NYSE |
| 502 | RETAIL_INTEREST_ON_ASK NYSE |
| 503 | RETAIL_INTEREST_ON_BID_AND_ASK NYSE |
| 504 | FINRA_BBO_NO_CHANGE |
| 505 | FINRA_BBO_DOES_NOT_EXIST |
| 506 | FINRA_BB_BO_EXECUTABLE |
| 507 | FINRA_BB_BELOW_LOWER_BAND |
| 508 | FINRA_BO_ABOVE_UPPER_BAND |
| 509 | FINRA_BB_BELOW_LOWER_BAND_BO_ABOVE_UPPER_BAND |
| 901 | CTA_NOT_DUE_TO_RELATED_SECURITY |
| 902 | CTA_DUE_TO_RELATED_SECURITY |
| 903 | CTA_NOT_IN_VIEW_OF_COMMON |
| 904 | CTA_IN_VIEW_OF_COMMON |
| 905 | CTA_PRICE_INDICATOR |
| 906 | CTA_NEW_PRICE_INDICATOR |
| 907 | CTA_CORRECTED_PRICE_INDICATION |
| 908 | CTA_CANCELLED_MARKET_IMBALANCE_PRICE_TRADING_RANGE_INDICATION |
| Modifier | Condition |
|---|---|
| 1 | NBB NBO Executable |
| 2 | NBB Below Lower Band |
| 3 | NBO Above Upper Band |
| 4 | NBB Below Lower Band NBO Above Upper Band |
| 5 | NBB Equal To Upper Band |
| 6 | NBO Equal To Lower Band |
| 7 | NBB Equals Upper Band NBO Above Upper Band |
| 8 | NBB Below Lower Band NBO Equals Lower Band |
| 9 | NBB Equals Upper Band NBO Equals Lower Band |
| 11 | Bid Price Above Upper Limit |
| 12 | Ask Price Below Lower Limit |
| 13 | Bid Ask Outside |
| 14 | Opening Update |
| 15 | Intraday Update |
| 16 | Restated Value |
| 17 | Suspended Halt Pause |
| 18 | Reopening Update |
| 19 | Outside Price Band Rule Hours |
| 20 | Auction Extension |
| 21 | Price Band |
| 22 | Republished LULD Price Band |
| 23 | NBB Limit State Entered |
| 24 | NBB Limit State Exited |
| 25 | NBO Limit State Entered |
| 26 | NBO Limit State Exited |
| 27 | NBB NBO Limit State Entered |
| 28 | NBB NBO Limit State Exited |
| 29 | NBB Limit State Entered NBO Limit State Exited |
| 30 | NBB Limit State Exited NBO Limit State Entered |