BOOK

This order type will only access NASDAQ OMX Europe and will not route to other destinations. BOOK orders are anonymous allowing you to be in the marketplace without revealing your identity.

ICEBERG

This order type allows you to display only a portion of your entire order.

• Have a display size and corresponding non-displayed size.
• Incoming order flow has access to both the display and non-display portion of a booked iceberg order.

PEGGED

This order type allows clients to price orders relative to the current market price for a security.

• There are three types of pegged orders:

1. Primary Peg: Peg an order to the same side of the EBBO, i.e., a Buy to the Bid.
2. Market Peg: Peg an order to the opposite side of the EBBO, i.e., A buy to the Offer.
3. Mid-Point Peg: Peg an order to the mid-point of the EBBO.

• Offsets allow a client to peg an order with an incremental difference from the EBBO and can be either positive (higher price) or negative (lower price).

MINIMUM QUANTITY

Orders are entered for execution with a minimum share quantity. NASDAQ OMX Europe only accepts Minimum Quantity orders with a time in force of zero seconds (IOC).

NON-DISPLAY

Orders are hidden from the marketplace. All incoming order flow can interact with hidden orders until hidden size is exhausted at the specified price. Only available for large in size orders.

POST ONLY

Post only gives firms the ability to guarantee their order will add liquidity to the NEURO order book. Post only orders which would interact with another order on the NEURO book on order entry, thereby removing liquidity, will be rejected. Users of OUCH and RASHport protocols who wish to use the post only order type will need to upgrade to Version 1.1 of the respective protocols. Users of the FIX protocol will need to send tag 9303 in the order entry message to designate the order as post only. The new post only order type will be available on 15 June 2009. Updated technical specifications can be found http://nasdaqomxeurope.com/Connectivity. 
 

Immediate or Cancel

Immediately executable upon entry between 07:50 to 17:00 UK Time or canceled.

Good for Market Day

Executable between 07:50 UK Time to close of primary market

Good for System Day

Executable between 07:50 to 17:00 UK Time

Expire Time

If not executable upon entry any unexecutable shares shall remain available for execution until the time specified by the entering party.

Good for Number of Seconds

If not executable upon entry any unexecuted shares shall remain available for execution for the number of seconds specified by the entering party.