NYSE Closing Auction D-Quote

The D-Quote order provides greater flexibility, execution speed and enhanced representation during the NYSE closing auction.

To create a D-Quote order

1. Click the Ask price to create a BUY order, or the Bid price to create a SELL order.
2. In the Destination field, select NYSEFLOOR.

3. In the Type field, select LMT or MKT as the order type.

• Market orders will receive the closing print price.
• Limit orders will receive the closing print price if the order is priced at or better than the closing auction price.

4. To transmit the order, click the "T" in the Status field.

 

For a more detailed description of D-Quote orders, visit the Order Types information page.