Cross Facilities
Special Trading Session (STS) Cross
A closing price cross resulting from an order placed by a Participant on behalf of a client for execution in the Special Trading Session at the last sale price. If the last sale price is at an invalid tick, a rounded equivalent of the last sale price (Rounded LSP) may be used to enter orders.
Using the Specialty Cross Types
Although the specialty cross types may be executed anonymously, brokers must report each cross using the appropriate marker (i.e. basis cross marker, VWAP cross marker, etc). This alerts the 香港六合彩网 system that the cross can fall outside of normal market parameters. Each trade appears on all real-time TSX trade data. (In addition TMX Datalinx offers reports detailing the Specialty Price Crosses executed on a daily or monthly basis.)
Basis Cross, VWAP Cross and Contingent Cross
- Available in the regular session (9:30 a.m. - 4:00 p.m.) and during the extended session (from 4:15 - 5:00 p.m.)
- Report trade using appropriate marker (basis cross, VWAP cross or contingent cross)
- May only be entered as a boardlot trade (oddlot or mixedlot crosses are not accepted)
- Basis and VWAP crosses will not set last sale price
- Basis and VWAP crosses may be printed outside the quote (subject to regulatory restrictions)
Special Trading Session (STS) Cross
- Available only during extended session (from 4:15 - 5:00 p.m.)
- Can only be printed at the last sale price. If the last sale price is at an invalid tick, a rounded equivalent of the last sale price (Rounded LSP) may be used to enter orders.
- Cannot change last sale price
- Report trade using new STS cross marker
- May only be entered as a boardlot trade (oddlot or mixedlot crosses are not accepted)