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Tuesday, July 7, 2026

Equity Trader Alert #2026 - 35
STGY Router Update

Category:

  • Functionality

Markets Impacted:

Contact Information:

Resources:

From Thursday, July 9, 2026 through Friday, July 10, 2026, Nasdaq will temporarily modify a specific order routing parameter for the STGY strategy for securities in the S partition. Specifically, the STGY functionality will not reroute when there is a locked and crossed quote from an away market in order to ensure that limit orders maintain queue priority.  Members may continue to route orders as usual; no action is required.

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