Market Maker Floor Trade Notifications (C1 Only)

Market Maker Trade Notifications (MMTN) will be sent to Market Makers if they are identified as the contra party on a floor trade. MMTN messages will be sent to the Market Makers as Execution Reports messages with ExecType (150) = T over a designated FIX Drop port or a FIX or BOE order entry port. See FIX Port Attributes and FIX Drop Port Attributes for information on available port attributes related to the receipt of MMTN messages.

Market Makers that receive a notification of a trade are required to use Floor Trade Confirmation messages or Add Floor Trade messages to respond to MMTN messages if they agree with the terms of the trade in the Execution Report.