Table 4 List of for the purpose of post-trade transparency Type of execution or Flag Name Description publication venue Transactions executed in reference to a price that is calculated over RM MTF , Benchmark multiple time instances APA `BENC' transactions flag according to a given CTP benchmark, such as volume-weighted average price or average price. Transactions where an investment firm has brought together clients' RM MTF , Agency cross transactions orders with the purchase APA `ACTX' flag and the sale conducted CTP as one transaction and involving the same volume and price. Transactions the exchange of financial instruments is determined RM MTF Non-price forming , by factors other than the `NPFT' transactions flag CTP current market valuation of the financial instrument as listed under Article 13. Transaction not Transactions not contributing to the price contributing to the price RM, MTF discovery process for the discovery process for the `TNCP' APA purposes of Article 23 of purposes of Article 23 of CTP Regulation (EU) No Regulation (EU) No 600/2014 and as set out in 600/2014 flag Article 2. Transactions that are either: executed during the period where the dividend or other form of RM, MTF distribution accrues to the Special ' SDIV' APA buyer instead of the dividend CTP seller; or transaction flag executed during the period the dividend or other form of distribution accrues to the seller instead of the buyer. Transactions that are in scale compared with RM MTF normal market size for large in scale APA , "ERGS" which deferred transaction flag CTP publication is permitted under Article 14.
Table 4 List of for the purpose of post-trade transparency Flag Name Type of execution or publication venue Description `BENC' Benchmark transactions flag RM MTF , APA CTP Transactions executed in reference to a price that is calculated over multiple time instances according to a given benchmark, such as volume-weighted average price or average price. `ACTX' Agency cross transactions flag RM MTF , APA CTP Transactions where an investment firm has brought together clients' orders with the purchase and the sale conducted as one transaction and involving the same volume and price. `NPFT' Non-price forming transactions flag RM MTF , CTP Transactions the exchange of financial instruments is determined by factors other than the current market valuation of the financial instrument as listed under Article 13. `TNCP' Transactions not contributing to the price discovery process for the purposes of Article 23 of Regulation (EU) No 600/2014 flag RM, MTF APA CTP Transaction not contributing to the price discovery process for the purposes of Article 23 of Regulation (EU) No 600/2014 and as set out in Article 2. ' SDIV' Special dividend transaction flag RM, MTF APA CTP Transactions that are either: executed during the period where the dividend or other form of distribution accrues to the buyer instead of the seller; or executed during the period the dividend or other form of distribution accrues to the seller instead of the buyer. "ERGS" large in scale transaction flag CTP RM MTF APA , Transactions that are in scale compared with normal market size for which deferred publication is permitted under Article 14.