Nasdaq wins Best Options Trading Venue and Best Trading Technology Client Services at the Fund Technology and WSL Awards, February 14, 2017.

Now trading on our world-renowned INET technology.

Delays in last sale prices can result in missed opportunities and lost profits. In the stock market, timing is everything.

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Industry leaders, cyber experts, and policymakers joined the NCSA & Nasdaq to discuss the latest cybersecurity topics.

Canadian Equities

Trading

Nasdaq offers two platforms for trading TSX and TSX-Venture listed securities, Nasdaq CXC and Nasdaq CX2.

Market Hours: 8:30 AM, EST – 5:00 PM, EST

Controls

NameDescription
PRICE LIMIT Price limits are determined by a band calculated as a percentage of value from the last sale price. These settings are predefined at the marketcenter level.
SHARE LIMIT Share limits provide Subscribers with the ability to set a maximum number of shares permitted per order. When an order is entered with a share amount that exceeds this limit, the order will be rejected.
NOTIONAL LIMIT Notional limit provide Subscribers with the ability to set the maximum notional value per order. The notional value of a trade is calculated by the number of shares multiplied by the price of the security. When an order is entered with a notional value above this set limit, the order will be rejected.
CANCEL ON DISCONNECT In the event the FIX session between Nasdaq CXC and client is disconnected, Nasdaq CXC will cancel all open orders.
NO SELF TRADE This feature is enabled on a trader ID basis and will prevent the trader ID from trading with itself. The active order will be cancelled back
SELF-TRADE PREVENTION - CANCEL NEWEST This feature will prevent a new order from trading against a resting quote. The incoming order will be cancelled and the resting order will remain on the Nasdaq CXC book.
SELF-TRADE PREVENTION - CANCEL OLDEST This feature will prevent an incoming order from trading against a resting quote. The resting order will be cancelled and the incoming order will remain on the Nasdaq CXC book.
SELF-TRADE PREVENTION - CANCEL AND DECREMENT This feature will prevent a new order from trading against a resting quote. The larger order will be decremented by the quantity of the smaller order and the remaining balance will rest on the Nasdaq CXC book. If both orders are the same size, they will be cancelled back.
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