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ORDER TYPES: Where to Find Them

Traders Magazine Online News, January 23, 2013

Tom Steinert-Threlkeld

On October 2, the Nasadaq Stock Market filed with the Securities and Exchange Commission a proposed rule change that would create a set of trading instructions known as an Intraday Net Asset Value (“INAV”) Pegged Order for Exchange-Traded Funds (“ETFs”), based on a collection of U.S. stocks. The proposal drew only one comment, yet the SEC decided to extend the ending date of its review of the proposal from December 2, 2012, to January 16, 2013.

Missed all that? Worried about keeping up with the more than 2,000 “unique order type combinations” that BATS Global Markets has on its books?

Here’s where to go to find each exchange’s rundown on its different types of orders; and proposals from the exchanges – aka, self-regulatory organizations – to create new ones.

There is no central, unified, dedicated archive.

National Exchanges

NYSE: http://www.nyse.com/pdfs/fact_sheet_nyse_orders.pdf

NYSE Arca: http://usequities.nyx.com/markets/nyse-arca-equities/order-types

NASDAQ, BX, PSX: http://www.nasdaqtrader.com/Trader.aspx?id=Support_FactSheets

DIRECT EDGE A:

http://www.directedge.com/Portals/0/docs/Exchange%20Rule%20Books/10-25-2012%20EDGA%20Rules.pdf

DIRECT EDGE X:

http://www.directedge.com/Portals/0/docs/Exchange%20Rule%20Books/10-25-2012%20EDGX%20Rules.pdf 

BATS Z:

http://cdn.batstrading.com/resources/regulation/rule_book/BATS_Exchange_Rulebook.pdf

BATS Y:

http://cdn.batstrading.com/resources/regulation/rule_book/BYX_Rulebook.pdf

Securities and Exchange Commission

Self-Regulatory Organization Rulemaking page:

http://www.sec.gov/rules/sro.shtml

 

 

Nasdaq INAV Pegged Order Document

For more information on related topics, visit the following channels:

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