FIX Version FIX.5.0SP2 Extension Pack EP255

Approval Date 2020-01-22T12:00:00

Description Share Trading Obligation (STO) Exemption





Enumerations

Updated Enumerations

TagValueSymbolicNameGroupSortDescriptionElaborationDeprecated
259410Subject to EU share trading obligation (STO)This attribute is mutually exclusive with OrderAttributeType(2594)=14 (Exempt from STO), but not mutually exclusive with OrderAttributeType(2594)=11 (Subject to UK STO). In the context of the trading obligation for shares (STO) under ESMA's Article 23 of MiFIR, it signifies that the order is subject to the rules defined by ESMA.
259411Subject to UK share trading obligation (STO)This attribute is mutually exclusive with OrderAttributeType(2594)=14 (Exempt from STO), but not mutually exclusive with OrderAttributeType(2594)=10 (Subject to EU STO). In the context of the trading obligation for shares (STO) under ESMA's Article 23 of MiFIR, it signifies that the order is subject to UK rules defined by the FCA.

Enumerations Added

TagValueSymbolicNameGroupSortDescriptionElaboration
259414ExemptFromSTO14Exempt from share trading obligation (STO)This attribute is mutually exclusive with OrderAttributeType(2594)=10 = (Subject to EU STO) and OrderAttributeType(2594)=11 = (Subject to UK STO). It can be used to override standing instructions for a trading obligation for shares (STO). It overrides the standing instructions in their entirety. In the context of STO under ESMA's Article 23 of MiFIR, it signifies that the order is exempt from any share trading obligation.