nyse
Differences
This shows you the differences between two versions of the page.
| Both sides previous revisionPrevious revisionNext revision | Previous revision | ||
| nyse [2020/03/19 15:57] – [Auction Mechanisms] maya | nyse [2024/08/20 09:30] (current) – hammed | ||
|---|---|---|---|
| Line 21: | Line 21: | ||
| * Reserve Limit Buy/ | * Reserve Limit Buy/ | ||
| * Stop Limit Buy/ | * Stop Limit Buy/ | ||
| - | |||
| - | ==== Available ATS ==== | ||
| - | |||
| - | * ARCX: NYSE Arca | ||
| - | * ATD: Automated Trading Desk Dark Pool | ||
| - | * BARC: Barclays Capital Dark Pool | ||
| - | * BATS: BATS | ||
| - | * BIDS: BIDS Dark Pool | ||
| - | * BLOC: BLOCK Dark Pool | ||
| - | * BOFA: Bank of America Dark Pool | ||
| - | * BATY: BATS-Y Exchange | ||
| - | * CBSX: CBOE Stock Exchange | ||
| - | * CCG: NYSE Common Customer Gateway | ||
| - | * CSD: Credit Suisse Crossfinder+ | ||
| - | * CUTN: Cuttone | ||
| - | * DARK: Consolidated Dark Pool | ||
| - | * DBA: Deutsche Bank Dark Pool | ||
| - | * EDGA: Direct Edge | ||
| - | * EDGX: Direct Edge | ||
| - | * FIDE: Fidelity Dark Pool | ||
| - | * GETC: Getco Dark Pool | ||
| - | * IEX: IEX | ||
| - | * KNGM: Knight Capital Group | ||
| - | * LEVL: LEVEL ATS | ||
| - | * MSCO: Morgan Stanley Dark Book | ||
| - | * NQBX: NASDAQ OMX BX | ||
| - | * NQPX: NASDAQ OMX PSX | ||
| - | * NSDQ: NASDAQ | ||
| - | * NSX: National Stock Exchange | ||
| - | * NTHK: Instinet Nighthawk Dark Pool | ||
| - | * PDQ: PDQ ATS | ||
| - | * ROSN: Rosenblatt Securities | ||
| - | * SGMX: Sigma X Dark Pool | ||
| - | * SPDR: SpeedRoute Dark Pool | ||
| - | * UBS: UBS Dark Pool | ||
| ==== Basic Market Rules ==== | ==== Basic Market Rules ==== | ||
| Line 68: | Line 33: | ||
| === Open === | === Open === | ||
| - | The pre-opening session runs from 07:30 - 09:30. During this session, orders can be entered and cancelled | + | NYSE book pre-opening session runs from 06:05 - 09:30 During this session, orders can be entered and cancelled. NYSE will not match orders, orders will be queued for the opening auction at 09:30, however other ATS such as NSDQ, ARCA and EDGX will match orders on basic route instruction and order types. At the open (09:30), all matching orders are executed at a single opening match price, with the remaining orders left on the continuous limit order book. |
| The closing price is defined by the following closing auction mechanism. | The closing price is defined by the following closing auction mechanism. | ||
| Line 91: | Line 56: | ||
| The following periods affect order entry for participation in the auctions. There is continuous trading from 09:30 - 16:00, during which time regular (non-imbalance) orders will be matched. | The following periods affect order entry for participation in the auctions. There is continuous trading from 09:30 - 16:00, during which time regular (non-imbalance) orders will be matched. | ||
| - | 1. **2:00 PM** | + | **2:00 PM** |
| * Imbalance information is published to Floor Brokers | * Imbalance information is published to Floor Brokers | ||
| - | 2. **3:50 PM** | + | **3:50 PM** |
| * Cutoff for MOC and LOC order entry, modification, | * Cutoff for MOC and LOC order entry, modification, | ||
| * Imbalance dissemination begins | * Imbalance dissemination begins | ||
| + | * After 3:50 p.m., MOC/LOC orders can be entered only on the contra-side of a MOC/LOC Regulatory Imbalance until 4:00 p.m.（ It is specific for NYSE native close auction orders, while floor broker orders have their own rules.） | ||
| - | 3. **3:55 PM** | + | **3:55 PM** |
| * Imbalance dissemination begins, including Closing D Orders at their discretionary price range | * Imbalance dissemination begins, including Closing D Orders at their discretionary price range | ||
| - | 4. **3:58 PM** | + | **3:58 PM** |
| * Cutoff for cancelling a MOC/LOC for legitimate error | * Cutoff for cancelling a MOC/LOC for legitimate error | ||
| - | 5. **3:59:50 PM** | + | **3:59:50 PM** |
| * Cutoff for Closing D Order entry, modification, | * Cutoff for Closing D Order entry, modification, | ||
| - | 6. **4:00 PM** | + | **4:00 PM** |
| * Regular trading ends and auction commences | * Regular trading ends and auction commences | ||
| Line 113: | Line 79: | ||
| ===== Financial News/ | ===== Financial News/ | ||
| - | * [[ http:// | + | * [[ https:// |
| * [[ http:// | * [[ http:// | ||
| - | * [[ https:// | + | * [[ https:// |
| * [[ http:// | * [[ http:// | ||
| * [[ http:// | * [[ http:// | ||
nyse.1584647856.txt.gz · Last modified: 2020/03/19 15:57 by maya