NASDAQ will cancel all trades executed...

A

ASusilovic

NASDAQ will cancel all trades executed between 14:40 and 15:00 >60% away from the last print in that security at or before 14:40
 
Quote from ASusilovic:

NASDAQ will cancel all trades executed between 14:40 and 15:00 >60% away from the last print in that security at or before 14:40
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Where did you gets this?, Source please.
 
Pursuant to rule 11890(b), NASDAQ, on its own motion, will cancel all trades executed between 14:40:00 and 15:00:00 greater than or less than 60% away from the consolidated last print in that security at 14:40:00 or immediately prior. This decision cannot be appealed. NASDAQ has coordinated this decision with all other UTP Exchanges. NASDAQ will be canceling trades on the participant’s behalf. The stocks affected and the break points will be disseminated shortly.
 
Quote from ASusilovic:

NASDAQ will cancel all trades executed between 14:40 and 15:00 >60% away from the last print in that security at or before 14:40
More...

how many stocks dropped 60%? maybe a few thinly traded ones? anybody has the data?
 
So you traded PG during this time frame....then the trades will be busted??


Is there anyting that one neeeds to do?
 
Quote from shortie:

how many stocks dropped 60%? maybe a few thinly traded ones? anybody has the data?
More...


Pursuant to rule 11890(b), NASDAQ, on its own motion, will cancel all trades executed between 14:40:00 and 15:00:00 greater than or less than 60% away from the consolidated last print in that security at 14:40:00 or immediately prior. This decision cannot be appealed. NASDAQ has coordinated this decision with all other UTP Exchanges. NASDAQ will be canceling trades on the participant’s behalf. The stocks affected and the break points will be disseminated shortly.'



this is what it says...not sure what it means
 
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