Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the purpose of the Trading Market Indicator field?

April 26, 2017field indicator market purpose trading

0

Posted

What is the purpose of the Trading Market Indicator field?

1 Answer

0

Posted

The Trading Market Indicator is used to denote a List or Fixed Offering Price Transaction or a Takedown Transaction, as defined in Rules 6710(q) and (r) respectively. The value “P1” identifies a List or Fixed Offering Price Transaction or Takedown Transaction; the value “S1” identifies other new issue transactions and secondary market transactions.