Lit Sweep and Dark Sweep
All trades are cleared and settled in line with the Trading Participant’s existing post-trade arrangements. Trading Participants should note that (where appropriate*) the market of settlement will be the market (order book) of entry whilst the market of execution will be identified in the ContraBroker field (FIX tag 375). Trades resulting from the Sweep order types will be included in the Trading Participant’s End of Day (EOD) trade data file for the order book of entry.
*Where participants choose to net across multiple market centres there is no market associated to the settlement.