Nasdaq and BX Updates Specifications for Reactive Trade Now / Trade Now (Related to Post Only Order Modifications)
OREANDA-NEWS. September 27, 2016. The Nasdaq Stock Market and Nasdaq BX have posted updated specifications to support the Trade Now functionality, as mentioned in Equity Trader Alert #2016 - 224. Subject to SEC filing requirements, the Trade Now functionality will be available on October 17, 2016.
The following trade protocols will support a new Reactive Trade Now or Trade Now option in the fields indicated below.
Protocol | Field |
---|---|
Reactive Trade Now | |
RASHport | Reactive Trade Now (new) |
INET FIX | ExecInst (Tag 18) |
BRUT FIX | ExecInst (Tag 18) |
SUMO FIX | ExecInst (Tag 18) |
Trade Now | |
FIX Lite | ExecInst (Tag 18) |
The following trade protocols will support a new Trade Now message:
- OUCH 4.2
- OUCH 3.3
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