[arrowhead4.0] How are orders that are not registe

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No : 17421
Updated Date : 2024/03/25 09:00
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[arrowhead4.0] How are orders that are not registered on the order book distributed in Market by Order (MBO)?

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Application & System Support > arrowhead/ToSTNeT/FLEX > arrowhead/ToSTNeT/FLEX (4.0) > FLEX

Answer

The orders which have executed/invalid (the order information of which immediately executed/invalid fully) without being registered on order book will not be distributed. Therefore, IOC Order, that does not be registered on the book, is not eligible for distribution in Market By Order (MBO).