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Product LoginWednesday, August 22, 2012
Options Trader Alert #2012 - 53
NASDAQ OMX PHLX Changes Minimum Quote Size Requirement in AAPL, BIDU, and BRK.B
Markets:Contact Information:
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What you need to know:
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What is changing?
PHLX is changing the minimum quote size requirement in AAPL, BIDU, and BRK.B from 10-up to 5-up, effective Tuesday, September 4, 2012. Market Makers quoting on PHLX through the Specialized Quote Feed (SQF) may submit quotes with a minimum size of 5 contracts in these three symbols.
Where can I find more information?
- Refer to PHLX Rule 1014(b)(ii)(D)(3).
- Refer to the SQF Specifications.
- Contact Transaction Services U.S. Market Sales at +1 800 846 0477.
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