Orders

ECN and Market Maker Pegging Functionality

Neovest supports the ECNs and market makers and their individual pegging order types contained in this Neovest Help documentation section as of 19 May 2003.

The following sections are provided to assist you in creating pegging orders. By using the following tables as guides, you may better understand the pegging order flexibility and functionality that each ECN and market maker provides.

ARCA

The following table displays the pegging order type that is provided by the ARCA ECN.

The pegging order type that ARCA provides will appear in Neovest"s Order Entry window after "ARCA" has been selected as the "Destination."

For a complete description of the pegging order type that is contained in the following table, refer to the "Order Entry Destinations" section in the "Orders" chapter of Neovest"s Help documentation.

ARCA (Pegging)
Pegging Peg
Offset
Expire Discr.
Qty.
Display
Price
Display
Offset
Display Proactive Solicited
Market Optional All
(Except NOW)
Optional Optional None Optional Optional Optional
                 

BRUT

The following table displays the pegging order types that are provided by the BRUT ECN.

The pegging order types that BRUT provides will appear in Neovest"s Order Entry window after "BRUT" has been selected as the "Destination."

For complete descriptions of the pegging order types that are contained in the following table, refer to the "Order Entry Destinations" section in the "Orders" chapter of Neovest"s Help documentation.

BRUT (Pegging - OTC Equities Only)
Pegging Peg
Offset
Expire Discr.
Qty.
Disp.
Price
Disp.
Offset
Display Proactive Solicited
Market Optional All None None None Optional None Optional
Primary Optional All None None None Optional None Optional
                 

INCA

The following table displays the pegging order types that are provided by the INCA ECN.

The pegging order types that INCA provides will appear in Neovest"s Order Entry window after "INCA" has been selected as the "Destination."

For complete descriptions of the pegging order types that are contained in the following table, refer to the "Order Entry Destinations" section in the "Orders" chapter of Neovest"s Help documentation.

INCA (Pegging)
Pegging Peg
Offset
Expire Discr.
Qty.
Display
Price
Display
Offset
Display Proactive Solicited
Best Optional All None None None Optional None Optional
Market Optional All None None None Optional None Optional
Midpoint Optional All None None None Optional None Optional
Primary Optional All None None None Optional None Optional
WinPeg Optional All None Optional None Optional None Optional
                 

ISLD

The following table displays the pegging order types that are provided by the ISLD ECN.

The pegging order types that ISLD provides will appear in Neovest"s Order Entry window after "ISLD" has been selected as the "Destination."

For complete descriptions of the pegging order types that are contained in the following table, refer to the "Order Entry Destinations" section in the "Orders" chapter of Neovest"s Help documentation.

ISLD (Pegging)
Pegging Peg.
Offset
Expire Discr. Qty. Display
Price
Display
Offset
Display Proactive Solicited
Market Optional All None None None Optional None Optional
Primary Optional All None None None Optional None Optional
                 

MILL

The following table displays the pegging order types that are provided by the MILL market maker.

The pegging order types that MILL provides will appear in Neovest"s Order Entry window after "MILL" has been selected as the "Destination."

For complete descriptions of the pegging order types that are contained in the following table, refer to the "Order Entry Destinations" section in the "Orders" chapter of Neovest"s Help documentation.

MILL (Pegging)
Pegging Peg
Offset
Expire Discr.
Qty.
Display
Price
Display
Offset
Display Proactive Solicited
Last None All None None None Optional None Optional
Market Optional All None None None Optional None Optional
Midpoint None All None None None Optional None Optional
Primary Optional All None None None Optional None Optional