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Code Set

ImpliedMarketIndicatorCodeSet

ID1144
Typeint
PedigreeAdded EP42
Indicates that an implied market should be created for either the legs of a multi-leg instrument (Implied-in) or for the multi-leg instrument based on the existence of the legs (Implied-out). Determination as to whether implied markets should be created is generally done at the level of the multi-leg instrument. Commonly used in listed derivatives.
NameValueSynopsisElaborationPedigree
NotImplied0Not impliedAdded EP42
ImpliedIn1Implied-in - The existence of a multi-leg instrument is implied by the legs of that instrumentAdded EP42
ImpliedOut2Implied-out - The existence of the underlying legs are implied by the multi-leg instrumentAdded EP42
BothImpliedInAndImpliedOut3Both Implied-in and Implied-outAdded EP42
Used in components:

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