May as well do the same for these trade codes as well. I've put the "T" code in bold as it's the one you'll most often see with Non Nasdaq stocks such as BB's, Pinks and Greys and are often mistaken for after hours trades with those stocks.
Exchange Codes for Transaction Logs & Yesterday’s Log
U. S. Stocks:
The following is a description of the Stock Last Sale Special Trade Condition Indicators as they are received on the CTS ticker feed:
@ Regular Sale. (Also, if no symbol is sent, no special conditions apply)
A Acquisition. The trade was part of an Exchange acquisition.
B NASAQ: Bunch Trade. This trade report reflects multiple trades by a single trader within a short (typically 60 second) period.
Non-NASDAQ: Stock was traded in association with another instrument.
C Cash Sale. This trade was a special, cash based transaction. Delivery and payment for the transaction are due on the same day as the transaction.
D Distribution. The trade was part of a large distribution. Typically a large block, the indicator is used so that traders know that this was not a large buyer/seller doing a trade. Thus this is block is not apt to affect the market price.
F Burst Basket Execution. A burst basket execution signifies a trade wherein the equity specialist, acting in the aggregate as a market maker, purchase or sell the component stocks required for execution of a specific basket.
G NASDAQ: Group Trade. This report is the same as a "B" Bunch trade EXCEPT that it is being reported out of sequence. Non-NASDAQ: (Not reported by TDC due to overwhelming customer requests.)FYI Opening/Reopening trade detail. This indicates that the trade is just for informational purposes.
H Interday Trade Detail. Same as G EXCEPT other than opening trade.
I Basket Index on Close Transaction. This signifies a trade involving paired orders, the execution of which is based on the closing value of the index. These trades will be reported after the close when the index closing value is determined.
J NYSE Rule 127. The trade was outside the current quotes and was
a) over 10,000 shares, and/or b) was over $200,000
K AMEX Rule 155. This trade occurred under the regulations specified by AMEX rule 155 for special trades (large dollar values and/or out of market. Aka a "Cleanup Trade".
L Sold Last. This is a late report of a regular trade although the trade did occur in sequence.
N Next Day. This trade specifies delivery between one and four days after the transaction date.
O Opened. This is a late report of the opening trade.
R Seller. This trade specifies delivery conditions for a future date (beyond next day).
S Split Trade. This trade was part of a larger trade which was split across multiple exchanges. It should be treated as a regular sale. However, it is unclear if this rule applies any longer.
T NASDAQ: Form ‘T’ trade. This is a trade which occurred after the NASD system close. These trades are reported on a ‘Form-T’ and are electronically as a group some time after the close. Non-NASDAQ: Custom Basket Cross. This Signifies a trade of (a) two paired split (where the customer requires only a portion of the standardized basket) orders in which the market maker or member organization facilitates both sides of the remaining portion of the baskets, or (b) a combination of a split basket and an entire basket where the market maker facilitates the remaining shares of the split basket only.
W Average price for a block trade that went through in pieces at different prices.
Z Sold. This is a late, out of sequence, report of a regular sale.
AI
