NLIQ Code: Negotiated Transaction In Liquid Financial Instruments
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NLIQ means negotiated transaction in liquid financial instruments in the ISO 20022 post trade equity code set. Flag for transactions made within the current volume weighted spread reflected on the order book or the quotes of the market makers of the trading venue operating that system.
- Code
- NLIQ
- ISO name
- NegotiatedTransactionInLiquidFinancialInstruments
- Status
- Registered
- Last updated
- 2026-08-28
Official definition
Flag for transactions made within the current volume weighted spread reflected on the order book or the quotes of the market makers of the trading venue operating that system.
Messages and fields that use ExternalPostTradeEquity1Code
| Message | Element path |
|---|---|
| auth.124 | versions 001.01 |
NLIQ questions
- What does NLIQ mean in ISO 20022?
- NLIQ is Negotiated Transaction In Liquid Financial Instruments in the ExternalPostTradeEquity1Code code set: Flag for transactions made within the current volume weighted spread reflected on the order book or the quotes of the market makers of the trading venue operating that system.
All ExternalPostTradeEquity1Code codes · ISO 20022 code sets
The ISO 20022 code names and definitions on this page are reproduced from material published at iso20022.org under the ISO 20022 Intellectual Property Rights policy. This is not the official source: the up-to-date ISO 20022 standards and repository material are published only at iso20022.org. Explanations in our own words are by ZagTrader. ZagTrader is not affiliated with or endorsed by ISO or Swift.