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Friday, September 27, 2019

Equity Trader Alert #2019 - 77
Reminder: PSX will migrate from a Price Setter Pro Rata model to Price/Time

Category:

  • New Functionality

Markets Impacted:

  • Nasdaq PSX

Contact Information:

Resources:

Effective November 1, 2019, executions on PSX will be done via price/display/time priority for all symbols.

Testing Opportunities

Testing is currently available in the Nasdaq Testing Facility (NTF).

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Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

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