What does NPFT mean in ISO 20022?

NPFT is Non Price Forming Transaction in the ExternalPostTradeEquity1Code code set: Flag for non-price forming transactions

ExternalPostTradeEquity1Code

NPFT Code: Non Price Forming Transaction

Written and maintained by ZagTrader. Last reviewed 21 October 2026. How this page is sourced and checked

NPFT means non price forming transaction in the ISO 20022 post trade equity code set. Flag for non-price forming transactions

Code: NPFT
ISO name: NonPriceFormingTransaction
Status: Registered
Last updated: 2026-08-28

Official definition

Flag for non-price forming transactions

Definition from the ISO 20022 External Code Sets, 2Q2026 (published 28 Aug 2026).

Messages and fields that use ExternalPostTradeEquity1Code

Message	Element path
auth.124	versions 001.01

NPFT in other code sets

NPFT in ExternalPostTradeBond1Code

NPFT questions

What does NPFT mean in ISO 20022?: NPFT is Non Price Forming Transaction in the ExternalPostTradeEquity1Code code set: Flag for non-price forming transactions

All ExternalPostTradeEquity1Code codes · ISO 20022 code sets

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