{
  "url": "https://openlegislation.uk/eu-regulation-2017-580/annex",
  "json_url": "https://openlegislation.uk/eu-regulation-2017-580/annex.json",
  "legislation": "eur/2017/580",
  "legislation_title": "Commission Delegated Regulation (EU) 2017/580 of 24 June 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the maintenance of relevant data relating to orders in financial instruments (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2017-580",
  "path": "annex",
  "kind": "annex",
  "number": null,
  "heading": null,
  "text": "Table 1\nLegend for Table 2\nCommission Delegated Regulation (EU) 2017/590 of 28 July 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities (see page 449 of this Official Journal).\nSYMBOL\nDATA TYPE\nDEFINITION\n{ALPHANUM-n}\nUp to n alphanumerical characters\nFree text field.\n{CURRENCYCODE_3}\n3 alphanumerical characters\n3 letter currency code, as defined by ISO 4217 currency codes\n{DATE_TIME_FORMAT}\nISO 8601 date and time format\nDate and time in the following format:\nYYYY-MM-DDThh:mm:ss.ddddddZ.\n‘YYYY’ is the year;\n‘MM’ is the month;\n‘DD’ is the day;\n‘T’ — means that the letter ‘T’ shall be used\n‘hh’ is the hour;\n‘mm’ is the minute;\n‘ss.dddddd’ is the second and its fraction of a second;\nZ is UTC time.\nDates and times shall be reported in UTC.\n{DATEFORMAT}\nISO 8601 date format\nDates shall be formatted by the following format:\nYYYY-MM-DD.\n{DECIMAL-n/m}\nDecimal number of up to n digits in total of which up to m digits can be fraction digits\nNumerical field for both positive and negative values.\ndecimal separator is ‘.’ (full stop);\nnegative numbers are prefixed with ‘-’ (minus);\nvalues are rounded and not truncated.\n{INTEGER-n}\nInteger number of up to n digits in total\nNumerical field for both positive and negative integer values.\n{ISIN}\n12 alphanumerical characters\nISIN code as defined in ISO 6166\n{LEI}\n20 alphanumerical characters\nLegal entity identifier as defined in ISO 17442\n{MIC}\n4 alphanumerical characters\nMarket identifier as defined in ISO 10383\n{NATIONAL_ID}\n35 alphanumerical characters\nThe identifier is that set out in Article 6 and Annex II to Commission Delegated Regulation (EU) 2017/590.\nTable 2\nDetails of orders\nN.\nField\nContent of the order details to be maintained at the disposal of the competent authority\nStandards and formats of the order details to be used when providing the relevant order data to competent authority upon request\nSection A — Identification of the relevant parties\n1\nIdentification of the entity which submitted the order\nThe identity of the member or participant of the trading venue. In case of Direct Electronic Access (DEA) the identity shall be the one of the DEA provider.\n{LEI}\n2\nDirect Electronic Access (DEA)\n‘true’ where the order was submitted to the trading venue using DEA as defined in Article 4(1)(41) of Directive 2014/65/EU.\n‘false’ where the order was not submitted to the trading venue using DEA as defined in Article 4(1)(41) of Directive 2014/65/EU.\n‘true’\n‘false’\n3\nClient identification code\nCode used to identify the client of the member or participant of the trading venue. In case there is DEA, the code of the DEA user shall be used.\nWhere the client is a legal entity, the LEI code of the client shall be used.\nWhere the client is not a legal entity, the {NATIONAL_ID} shall be used.\nIn case of aggregated orders, the flag AGGR as specified in Article 2(3) of this Regulation.\nIn case of pending allocations, the flag PNAL as specified in Article 2(2) of this Regulation.\nThis field shall be left blank only if the member or participant of the trading venue has no client.\n{LEI}\n{NATIONAL_ID}\n‘AGGR’ — aggregated orders\n‘PNAL’ — pending allocations\n4\nInvestment decision within firm\nCode used to identify the person or the algorithm within the member or participant of the trading venue who is responsible for the investment decision in accordance with Article 8 of Delegated Regulation (EU) 2017/590.\nWhere a natural persons within the member or participant of the trading venue is responsible for the investment decision the person who is responsible or has primary responsibility for the investment decision shall be identified with the {NATIONAL_ID}\nWhere an algorithm was responsible for the investment decision the field shall be populated as set out in Article 8 of Delegated Regulation (EU) 2017/590.\nThis field shall be left blank when the investment decision was not made by a person or algorithm within the member or participant of the trading venue.\n{NATIONAL_ID} — Natural persons\n{ALPHANUM-50} — Algorithms\n5\nExecution within firm\nCode used to identify the person or algorithm within the member or participant of the trading venue who is responsible for the execution of the transaction resulting from the order in accordance with Article 9 of Delegated Regulation (EU) 2017/590. Where a natural person is responsible for the execution of the transaction, the person shall be identified by {NATIONAL_ID}\nWhere an algorithm is responsible for the execution of the transaction, this field shall be populated in accordance with Article 9 of Delegated Regulation (EU) 2017/590.\nWhere more than one person or a combination of persons and algorithms are involved in the execution of the transaction, the member or participant or client of the trading venue shall determine the trader or algorithm primarily responsible as specified in Article 9(4) of Delegated Regulation (EU) 2017/590 and populate this field with the identity of that trader or algorithm.\n{NATIONAL_ID} — Natural persons\n{ALPHANUM-50} — Algorithms\n6\nNon-executing broker\nIn accordance with Article 2(d).\nThis field shall be left blank when not relevant.\n{LEI}\nSection B — Trading capacity and liquidity provision\n7\nTrading capacity\nIndicates whether the order submission results from the member or, participant of the trading venue is carrying out matched principal trading under Article 4(38) of Directive 2014/65/EU, or dealing on its own account under Article 4(6) of Directive 2014/65/EU.\nWhere the order submission does not result from the member or participant of the trading venue carrying out matched principal trading or dealing on its own account, the field shall indicate that the transaction was carried out under any other capacity.\n‘DEAL’ — Dealing on own account\n‘MTCH’ — Matched principal\n‘AOTC’ — Any other capacity\n8\nLiquidity provision activity\nIndicates whether an order is submitted to a trading venue as part of a market-making strategy pursuant to Articles 17 and 48 of Directive 2014/65/EU, or is submitted as part of another activity in accordance with Article 3 of this Regulation.\n‘true’\n‘false’\nSection C — Date and time\n9\nDate and Time\nThe date and time for each event listed in Section [G] and [K].\n{DATE_TIME_FORMAT}\nThe number of digits after the ‘seconds’ shall be determined in accordance with Article 2 of the Commission Delegated Regulation (EU) 2017/574.\nSection D — Validity period and order restrictions\n10\nValidity period\nGood-For-Day: the order expires at the end of the trading day on which it was entered in the order book.\n‘DAVY’ — Good-For-Day\nGood-Till-Cancelled: the order will remain active in the order book and be executable until it is actually cancelled.\n‘GTCV’ — Good-Till-Cancelled\nGood-Till-Time: the order expires at the latest at a pre-determined time within the current trading session.\n‘GTTV’ — Good-Till-Time\nGood-Till-Date: the order expires at the end of a specified date.\n‘GTDV’ — Good-Till-Date\nGood-Till-Specified Date and Time: the order expires at a specified date and time.\n‘GTSV’ — Good-Till-Specified Date and Time\nGood After Time: the order is only active after a pre-determined time within the current trading session.\n‘GATV’ — Good After Time\nGood After Date: the order is only active from the beginning of a pre-determined date.\n‘GADV’ — Good After Date\nGood After Specified Date and Time: the order is only active from a pre-determined time on a pre-determined date.\n‘GASV’ — Good After Specified Date and Time\nImmediate-Or-Cancel: an order which is executed upon its entering into the order book (for the quantity that can be executed) and which does not remain in the order book for the remaining quantity (if any) that has not been executed.\n‘IOCV’ — Immediate-Or-Cancel\nFill-Or-Kill: an order which is executed upon its entering into the order book provided that it can be fully filled: in the event the order can only be partially executed, then it is automatically rejected and cannot therefore be executed.\n‘FOKV’ — Fill-Or-Kill\nor\n{ALPHANUM-4} characters not already in use for the trading venue's own classification.\nOther: any additional indications that are unique for specific business models, trading platforms or systems.\n11\nOrder restriction\nGood For Closing Price Crossing Session: where an order qualifies for the closing price crossing session.\n‘SESR’ — Good For Closing Price Crossing Session\nValid For Auction: the order is only active and can only be executed at auction phases (which can be pre-defined by the member or, participant of the trading venue who submitted the order, e.g. opening and/closing auctions and/or intraday auction).\n‘VFAR’ — Valid For Auction\nValid For Continuous Trading only: the order is only active during continuous trading.\n‘VFCR’ — Valid For Continuous Trading only\nOther: any additional indications that are unique for specific business models, trading platforms or systems.\n{ALPHANUM-4} characters not already in use for the trading venue's own classification.\nThis field shall be populated with multiple flags separated by a comma where there are multiple types applicable.\n12\nValidity period and time\nThis refers to the time stamp reflecting the time on which the order becomes active or it is ultimately removed from the order book\nGood for day: the date of entry with the timestamp immediately prior to midnight\nGood till tim: the date of entry and the time to that specified in the order\nGood till date: will be the specified date of expiry with the timestamp immediately prior to midnight\nGood till specified date and time: the specified date and time of expiry\nGood after time: the date of entry and the specified time at which the order becomes active\nGood after date: the specified date with the timestamp immediately after midnight\nGood after specified date and time: the specified date and time at which the order becomes active\nGood till Cancel: the ultimate date and time the order is automatically removed by market operations\nOther: timestamp for any additional validity type.\n{DATE_TIME_FORMAT}\nThe number of digits after the ‘seconds’ is determined in accordance with Article 2 of Delegated Regulation (EU) 2017/574.\nSection E — Priority and sequence number\n13\nPriority time stamp\nThis field shall be updated every time the priority of an order changes.\n{DATE_TIME_FORMAT}\nThe number of digits after the ‘seconds’ is determined in accordance with Article 2 of Delegated Regulation (EU) 2017/574.\n14\nPriority size\nFor trading venues which use size-time priority, this field shall be populated with a positive number corresponding to the quantity.\nThis field shall be updated every time the priority of the order changes.\nUp to 20 numeric positive digits.\n15\nSequence number\nEach and every event listed in section G shall be identified using positive integers in ascending order.\nThe sequence number shall be unique to each type of event; consistent across all events, timestamped by the operator of the trading venue; be persistent for the date that the event occurs.\n{INTEGER-50}\nSection F — Identification of the order\n16\nSegment MIC code\nIdentification of the trading venue where the order was submitted.\nIf the trading venue uses segment MICs then the segment MIC shall be used.\nIf the trading venue does not use segment MICs then the operating MIC shall be used\n{MIC}\n17\nOrder book code\nThe alphanumerical code established by the trading venue for each and every order book.\n{ALPHANUM-20}\n18\nFinancial instrument identification code\nUnique and unambiguous identifier of the financial instrument\n{ISIN}\n19\nDate of receipt\nDate of receipt of the original order.\n{DATEFORMAT}\n20\nOrder identification code\nAn alphanumerical code assigned by the operator of the trading venue to the individual order.\n{ALPHANUM-50}\nSection G — Events affecting the order\n21\nNew order, order modification, order cancellation, order rejections, partial or full execution\nNew order: receipt of a new order by the operator of the trading venue.\n‘NEWO’ — New order\nTriggered: an order which becomes executable or, as the case may be, non-executable upon the realisation of a pre-determined condition.\n‘TRIG’ — Triggered\nReplaced by the member or participant of the trading venue: where a member, participant or client of the trading venue decides upon its own initiative to change any characteristic of the order it has previously entered into the order book.\n‘REME’ — Replaced by the member or participant of the trading venue\nReplaced by market operations (automatic): where any characteristic of an order is changed by the trading venue operator's IT systems. This includes where a peg order's or a trailing stop order's current characteristics are changed to reflect how the order is located within the order book.\n‘REMA’ — Replaced by market operations (automatic)\nReplaced by market operations (human intervention): where any characteristic of an order is changed by a trading venue operator's staff. This includes the situation where a member, participant of the trading venue has IT issues and needs its orders to be cancelled urgently.\n‘REMH’ — Replaced by market operations (human intervention)\nChange of status at the initiative of the member, participant of the trading venue. This includes activation and deactivation.\n‘CHME’ — Change of status at the initiative of the member/participant of the trading venue\nChange of status due to market operations.\n‘CHMO’ — Change of status due to market operations\nCancelled at the initiative of the member, participant of the trading venue; where a member, participant or client decides upon its own initiative to cancel the order it has previously entered.\n‘CAME’ — Cancelled at the initiative of the member or participant of the trading venue\nCancelled by market operations. This includes a protection mechanism provided for investment firms carrying out a market-making activity as laid down in Articles 17 and 48 of Directive 2014/65/EU\n‘CAMO’ -Cancelled by market operations\nRejected order: an order received but rejected by the operator of the trading venue.\n‘REMO’ — Rejected order\nExpired order: where the order is removed from the order book upon the end of its validity period.\n‘EXPI’ — Expired order\nPartially filled: where the order is not fully executed so that there remains a quantity to be executed.\n‘PARF’ — Partially filled\nFilled: where there is no more quantity to be executed.\n‘FILL’ — Filled\n{ALPHANUM-4} characters not already in use for the trading venue's own classification.\nSection H — Type of order\n22\nOrder type\nIdentifies the type of order submitted to the trading venue as per the trading venue specifications.\n{ALPHANUM-50}\n23\nOrder type classification\nClassification of the order according to two generic order types. LIMIT order: in the cases where the order is tradable\nand\nSTOP order: in the cases where the order becomes tradable only upon the realisation of a pre-determined price event.\nThe letters ‘LMTO’ for limit or the letters ‘STOP’ for stop.\nSection I — Prices\n24\nLimit price\nThe maximum price at which a buy order can trade or the minimum price at which a sell order can trade.\nThe spread price for a strategy order. It can be negative or positive.\nThis field shall be left blank in case of orders that do not have a limit price or in case of unpriced orders.\nIn case of a convertible bond, the real price (clean or dirty) used for the order shall be reflected in this field.\n{DECIMAL-18/13} in case the price is expressed as monetary value.\nWhere price is reported in monetary terms, it shall be provided in the major currency unit.\n{DECIMAL-11/10} in case the price is expressed as a percentage or yield.\n{DECIMAL-18/17} in case the price is expressed as basis points\n25\nAdditional limit Price\nAny other limit price which may apply to the order. This field shall be left blank if not relevant.\n{DECIMAL-18/13} where the price is expressed as a monetary value.\nWhere the price is reported in monetary terms, it shall be provided in the major currency unit.\n{DECIMAL-11/10 where the price is expressed as a percentage or yield.\n{DECIMAL-18/17} in case the price is expressed as basis points\n26\nStop price\nThe price that must be reached for the order to become active.\nFor stop orders triggered by events independent of the price of the financial instrument, this field shall be populated with a stop price equal to zero.\nThis field shall be left blank if not relevant.\n{DECIMAL-18/13 where the price is expressed as a monetary value.\nWhere the price is reported in monetary terms, it shall be provided in the major currency unit.\n{DECIMAL-11/10} in case the price is expressed as a percentage or yield.\n{DECIMAL-18/17} in case the price is expressed as basis points.\n27\nPegged limit price\nThe maximum price at which a pegged order to buy can trade or the minimum price at which a pegged order to sell can trade.\nThis field shall be left blank if not relevant.\n{DECIMAL-18/13} where the price is expressed as a monetary value.\nWhere the price is reported in monetary terms, it shall be provided in the major currency unit.\n{DECIMAL-11/10} in case the price is expressed as a percentage or yield.\n{DECIMAL-18/17} in case the price is expressed as basis points\n28\nTransaction price\nTraded price of the transaction excluding, where applicable, commission and accrued interest.\nIn the case of option contracts, it shall be the premium of the derivative contract per underlying or index point.\nIn the case of spread bets it shall be the reference price of the direct underlying instrument.\nFor credit default swaps (CDS) it shall be the coupon in basis points.\nWhere price reported in monetary terms, it shall be provided in the major currency unit.\nWhere price is not applicable the field shall be populated with the value ‘NOAP’.\n{DECIMAL-18/13 in case the price is expressed as monetary.\n{DECIMAL-11/10} in case the price is expressed as percentage or yield\n{DECIMAL-18/17} in case the price is expressed as basis points\n‘NOAP’\n29\nPrice currency\nCurrency in which the trading price for the financial instrument related to the order is expressed (applicable where the price is expressed as monetary value).\n{CURRENCYCODE_3}\n30\nCurrency of leg 2\nWhere there are multi-currency or cross-currency swaps, the currency of leg 2 shall be the currency in which leg 2 of the contract is denominated.\nFor swaptions where the underlying swap is multi-currency, the currency of leg 2 shall be the currency in which leg 2 of the swap is denominated.\nThis field only needs to be filled in where there are interest rates and currency derivatives contracts.\n{CURRENCYCODE_3}\n31\nPrice notation\nIndicates whether the price is expressed in monetary value, in percentage, in yield or in basis points.\n‘MONE’ — Monetary value\n‘PERC’ — Percentage\n‘YIEL’ — Yield\n‘BAPO’ — Basis points\nSection J — Order instructions\n32\nBuy-sell indicator\nTo show if the order is to buy or sell.\nIn case of options and swaptions, the buyer shall be the counterparty that holds the right to exercise the option and the seller shall be the counterparty that sells the option and receives a premium.\nIn case of futures and forwards other than futures and forwards relating to currencies, the buyer shall be the counterparty buying the instrument and the seller the counterparty selling the instrument.\nIn the case of swaps relating to securities, the buyer shall be the counterparty that gets the risk of price movement of the underlying security and receives the security amount. The seller shall be the counterparty paying the security amount.\nIn the case of swaps related to interest rates or inflation indices, the buyer shall be the counterparty paying the fixed rate. The seller shall be the counterparty receiving the fixed rate. In case of basis swaps (float-to-float interest rate swaps), the buyer shall be the counterparty that pays the spread and the seller the counterparty that receives the spread.\nIn the case of swaps and forwards related to currencies and of cross currency swaps, the buyer shall be the counterparty receiving the currency which is first when sorted alphabetically by ISO 4217 standard and the seller shall be the counterparty delivering this currency.\nIn the case of swaps related to dividends, the buyer shall be the counterparty receiving the equivalent actual dividend payments. The seller is the counterparty paying the dividend and receiving the fixed rate.\nIn the case of derivative instruments for the transfer of credit risk except options and swaptions, the buyer shall be the counterparty buying the protection. The seller is the counterparty selling the protection.\nIn case of derivative contracts related to commodities or emission allowances, the buyer shall be the counterparty that receives the commodity or emission allowance specified in the report and the seller the counterparty delivering this commodity or emission allowance.\nIn case of forward rate agreements, the buyer shall be the counterparty paying the fixed rate and the seller the counterparty receiving the fixed rate.\nFor an increase in notional the buyer shall be the same as the acquirer of the financial instrument in the original transaction and the seller shall be the same as the disposer of the financial instrument in the original transaction.\nFor a decrease in notional the buyer shall be the same as the disposer of the financial instrument in the original transaction and the seller shall be the same as the acquirer of the financial instrument in the original transaction.\n‘BUYI’ — buy\n‘SELL’ — sell\n33\nOrder status\nTo identify orders that are active/inactive/suspended, firm/indicative (assigned to quotes only)/implicit/rerouted.\nActive — non-quote orders that are tradable.\nInactive — non-quote orders that are not tradable.\nFirm/Indicative — Assigned to quotes only. Indicative quotes mean that they are visible but cannot be executed. This includes warrants in some trading venue. Firm quotes can be executed.\nImplicit — Used for strategy orders that are derived from implied in or implied out functionality.\nRouted — Used for orders that are routed by the trading venue to other venues.\n‘ACTI’- active\nor\n‘INAC’- inactive\nor\n‘FIRM’- firm quotes\nor\n‘INDI’- indicative quotes\nor\n‘IMPL’- implied strategy orders\nor\n‘ROUT’- routed orders.\nIf multiple statuses are applicable, this field shall be populated with multiple flags separated by comma.\n34\nQuantity notation\nIndicates whether the quantity reported is expressed in number of units, as a nominal value or as a monetary value.\n‘UNIT’ — Number of units\n‘NOML’ — Nominal value\n‘MONE’ — Monetary value\n35\nQuantity currency\nCurrency in which the quantity is expressed.\nField only needs to be populated where the quantity is expressed as a nominal or monetary value.\n{CURRENCYCODE_3}\n36\nInitial quantity\nThe number of units of the financial instrument, or the number of derivative contracts in the order.\nThe nominal or monetary value of the financial instrument.\nFor spread bets, the quantity shall be the monetary value wagered per point movement in the underlying financial instrument.\nFor an increase or decrease in notional derivative contracts, the number shall reflect the absolute value of the change and shall be expressed as a positive number.\nFor credit default swaps, the quantity shall be the notional amount for which the protection is acquired or disposed of.\n{DECIMAL-18/17} in case the quantity is expressed as number of units\n{DECIMAL-18/5} in case the quantity is expressed as monetary or nominal value\n37\nRemaining quantity including hidden\nThe total quantity that remains in the order book after a partial execution or in the case of any other event affecting the order.\nOn a partial fill order event, this shall be the total remaining volume after that partial execution. On an order entry this shall equal the initial quantity.\n{DECIMAL-18/17} in case the quantity is expressed as a number of units\n{DECIMAL-18/5} where the quantity is expressed as monetary or nominal value\n38\nDisplayed quantity\nThe quantity that is visible (as opposed to hidden) in the order book.\n{DECIMAL-18/17} where the quantity is expressed as a number of units\n{DECIMAL-18/5} where the quantity is expressed as a monetary or nominal value\n39\nTraded quantity\nWhere there is a partial or full execution, this field shall be populated with the executed quantity.\n{DECIMAL-18/17} where the quantity is expressed as a number of units\n{DECIMAL-18/5} where the quantity is expressed as a monetary or nominal value\n40\nMinimum Acceptable Quantity (MAQ)\nThe minimum acceptable quantity for an order to be filled which can consist of multiple partial executions and is normally only for non-persistent order types.\nThis field shall be left blank if not relevant.\n{DECIMAL-18/17where the quantity is expressed as a number of units\n{DECIMAL-18/5} where the quantity is expressed as a monetary or nominal value\n41\nMinimum executable size (MES)\nThe minimum execution size of any individual potential execution.\nThis field shall be left blank if not relevant.\n{DECIMAL-18/17} where the quantity is expressed as a number of units\n{DECIMAL-18/5} where the quantity is expressed as a monetary or nominal value\n42\nMES first execution only\nSpecifies whether the MES is relevant only for the first execution.\nThis field can be left blank where field 41 is left blank.\n‘true’\n‘false’\n43\nPassive only indicator\nIndicates if the order is submitted to the trading venue with a characteristic/flag, such that the order shall not immediately execute against any contra visible orders.\n‘true’\n‘false’\n44\nPassive or aggressive indicator\nOn partial fill and fill order events, indicates whether the order was already resting on the order book and providing liquidity (passive) or the order initiated the trade and thus took liquidity (aggressive).\nThis field shall be left blank if not relevant.\n‘PASV’ — passive or\n‘AGRE’ — aggressive.\n45\nSelf-Execution Prevention\nIndicates if the order has been entered with self-execution prevention criteria, so that it would not execute with an order on the opposite side of the book entered by the same member or participant.\n‘true’\n‘false’\n46\nStrategy Linked Order identification\nThe alphanumerical code used to link all connected orders that are part of a strategy pursuant to Article 7(2).\n{ALPHANUM-50}\n47\nRouting Strategy\nThe applicable routing strategy as per the trading venue specification.\nThis field shall be left blank if not relevant.\n{ALPHANUM-50}\n48\nTrading venue transaction identification code\nAlphanumerical code assigned by the trading venue to the transaction pursuant to Article 12 of this Regulation.\nThe trading venue transaction identification code shall be unique, consistent and persistent per ISO10383 segment MIC and per trading day. Where the trading venue does not use segment MICs, the trading venue transaction identification code shall be unique, consistent and persistent per operating MIC per trading day.\nThe components of the transaction identification code shall not disclose the identity of the counterparties to the transaction for which the code is maintained.\n{ALPHANUM-52}\nSection K — Trading phases, indicative auction price and volume\n49\nTrading phases\nThe name of each of the different trading phases during which an order is present in the order book including trading halts, circuit breakers and suspensions.\n{ALPHANUM-50}\n50\nIndicative auction price\nThe price at which each auction is due to uncross in respect to the financial instrument for which one or more orders have been placed.\n{DECIMAL-18/5} in case the price is expressed as monetary or nominal value.\nWhere price reported in monetary terms, it shall be provided in the major currency unit.\nDECIMAL-11/10} in case the price is expressed as a percentage or yield.\n51\nIndicative auction volume\nThe volume (number of units of the financial instrument) that can be executed at the indicative auction price in field 50 if the auction ended at that precise moment of time.\n{DECIMAL-18/17} in case the quantity is expressed as number of units\n{DECIMAL-18/5} in case the quantity is expressed as monetary or nominal value",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Commission Delegated Regulation (EU) 2017/590 of 28 July 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities (see page 449 of this Official Journal)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2017/580/annex",
    "retrieved_at": "2026-11-01T14:45:05.391449+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}