|
General Q/A
< Previous Next >
Re: Order Type 40=6/8/9 (supported by NYSE)
Harish Kamaley / Wipro Technologies <>
16 Jun 2009 11:35PM ET1. OrderType 40=6 [With or without]
An odd lot order filled on an effective round lot transaction, or on an effective bid or offer, whichever occurs first after the specialist receives the order.
2. OrderType 40=8 [Limit With or Without]
An order to be executed at a limit price, with or without round-lot sales; valid only for odd lot orders.
3. OrderType 40=9 [On basis]
A price established by joint agreement of odd-lot dealers in 100-share-unit stocks when:
- no round-lot has occurred during the trading session,
- the spread between the closing bid and offer is two points or more, and
- on odd-lot the dealer has been given a “basis-price” order.
Regards
> Hi Rahul Shaw Refer to NYSE website for more informations on their FIX
> specification.
>
> http://www.nyse.com/pdfs/NYSE%20CCG-
> SDBK%20FIX%20Specification%204%201b.pdf
>
> Thanks Ambar
>
> > Hi,
> >
> > Above order types are supported by NYSE but I don't know use of it or
> > meaning of it.
> >
> > If any one has some idea regarding this please let me know. Any
> > pointers to web links which explain above FIX order types will be
> > really useful
> >
> > Thank You in advance
> >
> > ~ Rahul
Re: Order Type 40=6/8/9 (supported by NYSE)
Harish Kamaley / Wipro Technologies 16 Jun 2009 11:35PM ET
|
