Automatic Trade
An automatic trade generated by the system through automatic execution.
Average Price
The transaction was effected at a price based on a volume weighted average price over a given period.
Bargain Conditions Apply
Certain conditions were agreed between the two participants at the time of trading.
Block Trade
The transaction was reported using the block trade facility, which is at least 75 times the NMS for a security with an NMS of 2,000 shares OR above 50 times the NMS for a security with an NMS of 1,000 shares.
Broker To Broker
The transaction was between two member firms where neither firm is registered as a market maker in the security in question and neither is a designated fund manager. Brokers may also apply this indicator when buying or selling domestic equity market securities through a broker, which is not a member firm.
Contra Trade
The trade was reported for a transaction previously automatically executed through the order book.
Correction
This covers any corrections made to trade reports.
Cross
The transaction was effected as an agency cross or a riskless principal trade between two member firms at the same price and on the same terms.
Currency Conversion
The trade was executed in one currency but converted for trade reporting.
Late Reported Trade
The transaction was not reported in accordance with the Exchange's rules on trade reporting.
Market Maker To Market Maker
The transaction was between two market makers registered in the security in question. This may also include those executed through an inter-dealer broker or a public display system.
Non-Risk Trade
These trades are the same as Ordinary trades but specifically for SEATS based segments only (i.e. SEQ1, AIM, SEAT).
Non-Protected Portfolio
The transaction was reported as a non-protected portfolio transaction or a fully disclosed portfolio transaction.
Ordinary
The transaction was not covered by any of the other trade types listed.
Overnight Trade
The transaction was reported after 17:15pm and before 07:15am the following day.
Protected Portfolio
The transaction was reported as a protected portfolio or, was as a result of a worked principal agreement for a portfolio transaction.
Protection Applied
The transaction was protected at the time of reporting it.
Result of Exercising Option
The transaction was reported as a result of exercising a traditional option or a negotiated option.
Result of Stock Swap
The transaction was reported as a result of a stock swap or stock switch (one report is required for each line of stock swapped or switched).
Risk Trade
The transaction was reported by a market maker registered in either a SEATS security, an AIM security or a covered warrant market security.
Riskless Principal
The trade was reported as a riskless principal transaction between two non-members, where the two transactions are executed at different prices or on different terms (requiring two separate trade reports). OR a market maker is reporting a riskless principal transaction where the two transactions are executed at different prices.
SEAQ Trade
This is used for the single uncrossing trade, detailing the total executed volume and uncrossing price as a result of a SEAQ auction.
Single Protected Trade
The trade was reported as a result of a single protected transaction.
Uncrossing Trade
This is used for the single uncrossing trade, detailing the total executed volume and uncrossing price as a result of a SETS auction.
Worked Principal Trade
The reported trade was from a worked principal agreement for a single security.