| Classification | Description | |
|---|---|---|
| Lit Continuous | Standard on-book continuous trading with pretrade transparency (includes icebergs with visible parts) | |
| Lit Opening Auction | Trade occurring during the lit trade auction | |
| Lit Intraday Auction | Trade occurring during a scheduled intraday auction | |
| Lit Closing Auction | Trade occurring during the closing auction | |
| Auction On Demand | Trade occurring in a periodic auction | |
| Closing Price | Trade occurring on a venue using a mechanism that warranties closing price | |
| Post Trade Uncrossing | Auction occurring after the close (CBOE 3C) | |
| Dark Below LIS | Trade occurring on a dark venue or fully hidden order with a size smaller than LIS | |
| Dark Above LIS | Trade occurring on a dark venue or fully hidden order with a size larger than LIS | |
| Dark Conditional Below LIS | Inferred dark volume with quantity below LIS executed on hybrid mechanism such as Turquoise UNCROSS+ Turquoise Block Discovery | |
| Dark Conditional Above LIS | Inferred dark volume with quantity above LIS executed on hybrid mechanism such as Turquoise UNCROSS+ Turquoise Block Discovery | |
| Request For Quote Below LIS | Trade occurring on a request for quote venue with a size smaller than LIS | |
| Request For Quote Above LIS | Trade occurring on a request for quote venue with a size larger than LIS | |
| Off Book On Exchange | Off book trades occurring on the exchange | |
| SI Addressable Below LIS | Any trade executed on a systematic internaliser where liquidity was classified addressable and size was below LIS | |
| SI Addressable Above LIS | Any trade executed on a systematic internaliser where liquidity was classified addressable and size was above LIS | |
| SI Non Addressable Below LIS | Any trade executed on a systematic internaliser where liquidity was classified non-addressable and size was below LIS | |
| SI Non Addressable Above LIS | Any trade executed on a systematic internaliser where liquidity was classified non-addressable and size was above LIS | |
| Benchmark Price | OTC trades with a MMT BENC flag set on | |
| Special Price | OTC trade classified as a SPECIAL_PRICE in BMLL Normalisation (non-price forming trades, dividends, physical delivery) | |
| OTC | Vanilla OTC trades occurring off-venues |