Instructions for order handling on exchange trading floor. If more than one instruction is applicable to an order, this field can contain multiple instructions separated by space.
| Code | Meaning |
|---|---|
| 0 | Stay on offerside |
| 1 | Not held |
| 2 | Work |
| 3 | Go along |
| 4 | Over the day |
| 5 | Held |
| 6 | Participate don't initiate |
| 7 | Strict scale |
| 8 | Try to scale |
| 9 | Stay on bidside |
| A | No cross (cross is forbidden) |
| B | OK to cross |
| C | Call first |
| D | Percent of volume (indicates that the sender does not want to be all the volume on the floor vs. a specific percentage) |
| E | Do not increase - DNI |
| F | Do not reduce - DNR |
| G | All or none - AON |
| I | Institutions only |
| L | Last peg (last sale) |
| M | Mid-price peg (midprice of inside quote) |
| N | Non-negotiable |
| O | Opening peg |
| P | Market peg |
| R | Primary peg (primary market - buy at bid/sell at offer) |
| S | Suspend |
| T | Fixed Peg to Local best bid or offer at time of order |
| U | Customer Display Instruction (Rule11Ac1-1/4) |
| V | Netting (for Forex) |
| W | Peg to VWAP |