Post by icemandios on Jul 10, 2017 18:15:44 GMT
Extended life? What.....6 months, a year?
Not exactly.
The new "extended life" order type requires that the order remain on the books for at least..............................
One SECOND!!!
"As proposed, at least 99% of the Designated Retail
Orders with the ELO attribute entered by the member
must exist unaltered on the Nasdaq book for a minimum of one second
for an Exchange member to be eligible to use the ELO attribute."
www.sec.gov/rules/sro/nasdaq/2017/34-81097.pdf
.
Not exactly.
The new "extended life" order type requires that the order remain on the books for at least..............................
One SECOND!!!
"As proposed, at least 99% of the Designated Retail
Orders with the ELO attribute entered by the member
must exist unaltered on the Nasdaq book for a minimum of one second
for an Exchange member to be eligible to use the ELO attribute."
www.sec.gov/rules/sro/nasdaq/2017/34-81097.pdf
.