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Ariel
Posts:163
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| 10/02/2006 11:51 AM |
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Condition E:
The NYSE Quote shall be published as Slow on One-side when on the Bid is quoted outside the LRP. This could apply when there is no trade at the LRP price.
Condition F:
The NYSE Quote shall be published as Slow on One-side when on the Offer is quoted outside the LRP. This could apply when there is no trade at the LRP price.
Condition U:
If the both the Bid and Offer are quoted outside the High and Low LRPs then a Condition U will be published.
Condition W:
The security has been set slow, meaning the symbol will only trade in a slow market mode and no LRPs will be generated.
If an LRP (low, high or both) is hit, the market will be forced to operate in a slow market condition (for the side that hits the LRP only) to replenish liquidity and dampen volatility. When this occurs the following quote conditions are disseminated.
Condition A:
If the High LRP is hit, the market is slow on the Ask side and condition A will be published. The market remains fast on the Buy side.
Condition B:
If the low LRP is hit, the market is slow on the Bid side and condition A will be published. The market remains fast on the sell side.
Condition H:
If the low and High LRP are hit, the market is slow on the Bid and Ask side and condition H will be published. The market is slow on both sides. |
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trotter (guest)
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| 01/21/2007 7:16 AM |
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| How can access when the LRP quote condition messages ( E,F,U,A,B,H) real-time? |
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Ariel
Posts:163
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| 01/23/2007 11:38 AM |
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| You need to subscribe to either the NYSE Quotes feed or to the CQS feed. The LRP feed does not contain the quote condition. |
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Size (guest)
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| 05/17/2007 6:34 PM |
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Is there any reason one would need to subscribe to the LRP feed if he can see from the Quote condition that an LRP has been triggered?
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