Glossary

Conditions & Indicators

A glossary of conditions and indicators related to U.S. stock trading. Including various types of trade conditions, quote conditions, trade corrections, and more.

Trade Conditions

ModifierConditionSIP MappingUpdate High/LowUpdate LastUpdate Volume
0Regular Sale@YesYesYes
1AcquisitionAYesYesYes
2Average Price TradeWNoNoYes
3Automatic ExecutionN/AYesYesYes
4Bunched TradeBYesYesYes
5Bunched Sold TradeGYesNo 1Yes
6CAP ElectionYes
7Cash SaleCNoNoYes
8Closing Prints6YesYesYes
9Cross TradeXYesYesYes
10Derivatively Priced4YesNo 1Yes
11DistributionDYesYesYes
12Form TTNoNoYes
13Extended Trading Hours (Sold Out of Sequence)UNoNoYes
14Intermarket SweepFYesYesYes
15Market Center Official CloseMNoNoNo
16Market Center Official Open 3QNoNoNo
17Market Center Opening Trade 3Yes
18Market Center Reopening Trade 3Yes
19Market Center Closing Trade 3Yes
20Next DayNNoNoYes
21Price Variation TradeHNoNoYes
22Prior Reference PricePYesNo 1Yes
23Rule 155 Trade (AMEX)KYesYesYes
24Rule 127 NYSEYes
25Opening PrintsOYesYesYes
26OpenedYes
27Stopped Stock (Regular Trade)1YesYesYes
28Re-Opening Prints5YesYesYes
29SellerRYesNo 1Yes
30Sold LastLYesYes 2Yes
32Sold OutYes
33Sold (out of Sequence)ZYesNo 1Yes
34Split TradeSYesYesYes
35Stock OptionYes
36Yellow Flag Regular TradeYYesYesYes
37Odd Lot TradeINoNoYes
38Corrected Consolidated Close (per listing market)9YesYesNo
39UnknownYes
40HeldYes
41Trade Thru ExemptYes
42NonEligibleYes
43NonEligible ExtendedYes
44CancelledYes
45RecoveryYes
46CorrectionYes
47As ofYes
48As of CorrectionYes
49As of CancelYes
50OOBYes
51SummaryYes
52Contingent TradeVNoNoYes
53Qualified Contingent Trade ("QCT")7NoNoYes
54ErroredYes
55OPENING_REOPENING_TRADE_DETAILYes
56PlaceholderETBDTBDTBD
59Placeholder for 611 exempt8TBDTBDTBD

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.

Quote Conditions

ModifierCondition
-1Invalid
0Regular
1RegularTwoSidedOpen
2RegularOneSidedOpen
3SlowAsk
4SlowBid
5SlowBidAsk
6SlowDueLRPBid
7SlowDueLRPAsk
8SlowDueNYSELRP
9SlowDueSetSlowListBidAsk
10ManualAskAutomatedBid
11ManualBidAutomatedAsk
12ManualBidAndAsk
13Opening
14Closing
15Closed
16Resume
17FastTrading
18TradingRangeIndication
19MarketMakerQuotesClosed
20NonFirm
21NewsDissemination
22OrderInflux
23OrderImbalance
23DueToRelatedSecurityNewsDissemination
25DueToRelatedSecurityNewsPending
26AdditionalInformation
27NewsPending
28AdditionalInformationDueToRelatedSecurity
29DueToRelatedSecurity
30InViewOfCommon
31EquipmentChangeover
32NoOpenNoResponse
33SubPennyTrading
34AutomatedBidNoOfferNoBid
35LULDPriceBand
36MarketWideCircuitBreakerLevel1
37MarketWideCircuitBreakerLevel2
38MarketWideCircuitBreakerLevel3
39RepublishedLULDPriceBand
40OnDemandAuction
41CashOnlySettlement
42NextDaySettlement
43LULDTradingPause
71SLowDuelRPBidAsk
80Cancel
81Corrected_Price
82SIPGenerated
83Unknown
84Crossed_Market
85Locked_Market
86Depth_On_Offer_Side
87Depth_On_Bid_Side
88Depth_On_Bid_And_Offer
89Pre_Opening_Indication
90Syndicate_Bid
91Pre_Syndicate_Bid
92Penalty_Bid

Trade Corrections (NYSE)

ModifierCondition
00Regular trade which was not corrected, changed or signified as cancel or error.
01Original trade which was late corrected (This record contains the original time - HHMM and the corrected data for the trade).
07Original trade which was later marked as erroneous
08Original trade which was later cancelled
10Cancel record (This record follows '08' records)
11Error record (This record follows '07' records)
12Correction record (This record follows '01' records and contains the correction time and the original "incorrect" data). The final correction will be published.

Financial Status (CTA/UTP)

ModifierCondition
50Normal
51Bankrupt
52Deficient - Below listing requirements
53Delinquent - Late filing
54Bankrupt and Deficient
55Bankrupt and Delinquent
56Deficient and Delinquent
57Deficient, Delinquent, and Bankrupt
58Liquidation
59Creations Suspended
60Redemptions Suspended
61Creations and/or Redemptions Suspended

CTA Security Status

ModifierCondition
100Normal Trading
101Opening Delay
102Trading Halt
103Resume
104No Open/No Resume
105Price Indication
106Trading Range Indication
107Market Imbalance Buy
108Market Imbalance Sell
109Market On Close Imbalance Buy
110Market On Close Imbalance Sell
111No Market Imbalance
112No Market On Close Imbalance
113Short Sale Restriction
114Limit Up-Limit Down
115Quotation Resumption
116Trading Resumption
117Volatility Trading Pause

CTA Halt Reason / UTP Trade Action Reason

ModifierCondition
150POLYGON_RESERVED
151Halt: News Pending
152Update: News Dissemination
153Halt: Single Stock Trading Pause In Affect
154Halt: Regulatory Extraordinary Market Activity
155Halt: ETF
156Halt: Information Requested
157Halt: Exchange Non Compliance
158Halt: Filings Not Current
159Halt: SEC Trading Suspension
160Halt: Regulatory Concern
161Halt: Market Operations
162IPO Security: Not Yet Trading
163Halt: Corporate Action
164Quotation Not Available
165Halt: Volatility Trading Pause
166Halt: Volatility Trading Pause – Straddle Condition
167Update: News and Resumption Times
168Halt: Single Stock Trading Pause - Quotes Only
169Resume: Qualification Issues Reviewed / Resolved
170Resume: Filing Requirements Satisfied / Resolved
171Resume: News Not Forthcoming
172Resume: Qualifications - Maintenance Requirements Met
173Resume: Qualifications - Filings Met
174Resume: Regulatory Auth
175New Issue Available
176Issue Available
177MWCB - Carry from previous day
178MWCB - Resume
179IPO Security: Released for quotation
180IPO Security: Positioning window extension
181MWCB - Level 1
182MWCB - Level 2
183MWCB - Level 3
184Halt: Sub Penny Trading
185Order Imbalance
186LULD Trading Pause

UTP Security Status

ModifierCondition
300NONE
301Short Sales Restriction Activated
302Short Sales Restriction Continued
303Short Sales Restriction Deactivated
304Short Sales Restriction in Effect
305Short Sales Restriction Max

NBBO Indicators

ModifierCondition
601NBBO_NO_CHANGE
602NBBO_QUOTE_IS_NBBO
603NBBO_NO_BB_NO_BO
604NBBO_BB_BO_SHORT_APPENDAGE
605NBBO_BB_BO_LONG_APPENDAGE

Held Trade Indicators

ModifierCondition
621HELD_TRADE_NOT_LAST_SALE_AND_NOT_ON_CONSOLIDATED
622HELD_TRADE_LAST_SALE_BUT_NOT_ON_CONSOLIDATED
623HELD_TRADE_LAST_SALE_AND_ON_CONSOLIDATED

Misc Indicators

ModifierCondition
501RETAIL_INTEREST_ON_BID NYSE
502RETAIL_INTEREST_ON_ASK NYSE
503RETAIL_INTEREST_ON_BID_AND_ASK NYSE
504FINRA_BBO_NO_CHANGE
505FINRA_BBO_DOES_NOT_EXIST
506FINRA_BB_BO_EXECUTABLE
507FINRA_BB_BELOW_LOWER_BAND
508FINRA_BO_ABOVE_UPPER_BAND
509FINRA_BB_BELOW_LOWER_BAND_BO_ABOVE_UPPER_BAND
901CTA_NOT_DUE_TO_RELATED_SECURITY
902CTA_DUE_TO_RELATED_SECURITY
903CTA_NOT_IN_VIEW_OF_COMMON
904CTA_IN_VIEW_OF_COMMON
905CTA_PRICE_INDICATOR
906CTA_NEW_PRICE_INDICATOR
907CTA_CORRECTED_PRICE_INDICATION
908CTA_CANCELLED_MARKET_IMBALANCE_PRICE_TRADING_RANGE_INDICATION