TORONTO, Sept. 6 /CNW/ - This notice highlights order types that are and
are not supported by the Pure Trading System. Order types that are not
supported will be rejected on entry.
A document summarizing all order types and key functionality
considerations associated with the Pure Trading system is available on
www.puretrading.ca under "Technical Support"
Special Terms/Odd Lots
The following special fill terms are NOT supported:
- All or None
- Minimum Fill
- Lots of
Fill or Kill (FOK) orders entered through a STAMP gateway will be accepted
but will be rejected if entered through a FIX gateway. Such orders must be
marked "Immediate or Cancel" (IOC) when using a FIX gateway.
Settlement fill terms (cash, delayed delivery, non-resident, non-net) ARE
Any orders, including odd lot orders, entered with an "all or none" term
will be rejected. Odd lot orders entered without an "all or none" term will be
accepted and will be filled on an "all or none" basis.
The following order types are NOT supported as they must be filled at a
specific price on another marketplace:
- Last Sale Trading Session
- Market on Close (MOC)
- Must Be Filled (MBF)
Minimum Guaranteed Fill
Orders marked MGF will be accepted, but Pure Trading will NOT offer a
"minimum guaranteed fill" feature. Tradeable orders that are larger than the
displayed volume on the bid or offer are not guaranteed a complete fill. Odd
lot orders that are tradeable at the bid or offer in the regular market will
be booked in the odd lot market.
For further information:
For further information: Please direct any questions regarding this
notice to David Timpany, Director, Trading Systems and Market Operations at
(416) 572-2000 x 2290, (David.Timpany@cnq.ca).