LiquidityFlagCodeSet
| ID | 23 |
| Type | Alpha |
| Name | Value | Synopsis | Elaboration | Pedigree |
|---|---|---|---|---|
| Added | A | Added (All markets) | ||
| ClosingCross | C | Closing Cross (Nasdaq only) | ||
| RetailExecutionDisplayed | e | Retail designated execution that added displayed liquidity (Nasdaq/BX only) | ||
| HaltIPOCross | H | Halt/IPO Cross (Nasdaq only) | ||
| AfterHoursClosingCross | i | After hours closing cross (Nasdaq only) | ||
| NonDisplayed | J | Non-displayed adding liquidity (All markets) | ||
| RetailPriceImproving | j | RPI (Retail Price Improving) order provides liquidity (BX only) | ||
| MidpointOrder | k | Added liquidity via a midpoint order (All markets) | ||
| HaltCross | K | Halt Cross (Nasdaq only) | ||
| ClosingCrossImbalanceOnly | L | Closing Cross (imbalance-only) (Nasdaq only) | ||
| OpeningCrossImbalanceOnly | M | Opening Cross (imbalance-only) (Nasdaq only) | ||
| RemovedAtMidpoint | m | Removed liquidity at a midpoint (All markets) | ||
| PassiveMidpointExecution | N | Passive midpoint execution (Nasdaq/BX only) | ||
| MidpointExtendedLife | n | Midpoint Extended Life Order execution (Nasdaq only) | ||
| OpeningCross | O | Opening Cross (Nasdaq only) | ||
| RemovedPriceNonDisplayed | p | Removed price improving non-displayed liquidity (BX only) | ||
| RemovedNonRetailPriceImprovingMidpoint | q | RMO Retail Order removes non-RPI midpoint liquidity (BX only) | ||
| Removed | R | Removed (All markets) | ||
| RemovedRetailPriceImproving | r | Retail Order removes RPI liquidity (BX only) | ||
| PriceImprovingNonDisplayedNonRetailPriceImproving | t | Retail Order removes price improving non-displayed liquidity other than RPI liquidity (BX only) | ||
| NonDisplayedReserve | u | Added non-displayed liquidity via a Reserve order (All markets) | ||
| Supplemental | 0 | Supplemental order execution (Nasdaq only) | ||
| DisplayedImproveNBBO | 7 | Displayed, liquidity-adding order improves the NBBO (Nasdaq/BX only) | ||
| DisplayedSetQBBOJoiningNBBO | 8 | Displayed, liquidity-adding order sets the QBBO while joining the NBBO (Nasdaq/BX only) | ||
| NoRetailPriceImprovement | 1 | RPI order provides liquidity, No RPII (BX only) |
Orchimate Copyright 2026 Atomic Wire Technology Limited
Orchestra Copyright 2026 FIX Protocol Ltd
Terms of Use|Privacy Policy