In RFA Trade update, is TRDPRC_1 the price for the trade? How about IRGPRC? Also in Refresh, I so...

chris.xiao

In RFA Trade update, is TRDPRC_1 the price for the trade? How about IRGPRC? Also in Refresh, I some time see both TRDPRC_1 and IRGPRC exist, does mean there are two trades?

Jirapongse

Refer RDMFieldDictionary file, TRDPRC_1 is last trade or value while IRGPRC is a cancelled, inserted, retransmitted or irregular price strategically to be used for "last ineligible" trades only. Therefore, their definitions are different.

TRDPRC_1   "LAST"                   6  TRDPRC_2    PRICE              17  REAL64           7
!
! Last trade price or value.
!
...

IRGPRC     "IRG PRICE"            372  NULL        PRICE              17  REAL64           7
!
! A cancelled, inserted, retransmitted or irregular price.  Strategically to be used 
! for "last Ineligble" trades only.
!

However, the definitions and usages can be different among exchanges or markets. You should contact the content team via Contact Us for confirmation. Otherwise, you can use a Thomson Reuters Data Model Discovery tool to explore TR data models, content definitions and data update behaviors.