IEX Announces: Updated Documentation
IEX Trading Alert #2014 - 012
Please Route To: Connectivity, Technology, Trading, and Trade Support
What you need to know:
- An updated Form ATS, Subscriber Manual and FIX Specification are now available on the IEX website.
Where can I find the updated documents?
- The updated Form ATS can be found here: http://iextrading.com/policy#form-ats
- The updated IEX Subscriber Manual can be found here: http://www.iextrading.com/docs/IEX+Subscriber+Manual.pdf
- The updated IEX Fix Spec can be found here: http://www.iextrading.com/docs/IEX+FIX+Specification.pdf
What has changed in the Form ATS?
The latest Form ATS, effective as of April 7, 2014, has been modified to reflect primarily the following changes:
- Revise the upper boundary of shares accepted (page 11)
- Update Minimum Quantity functionality (page 13)
- Include description of Primary Peg functionality (page 14)
- Update description of routing strategies (page 14)
- Include description of Anti-Internalization functionality (page 17)
- Clarify the application of Market and Limit Order Collars (page 22)
What has changed in the IEX Subscriber Manual?
The Subscriber Manual has been updated, effective today, to reflect primarily the following changes:
- Update Hours of Operation (page 7)
- Describe Anti-Internalization functionality (page 9)
- Describe Order Amendments functionality (page 11)
- Describe Primary Peg functionality (page 14)
- Update Minimum Quantity functionality (page 14-15)
- Update description of routing strategies and describe new strategy: Route to Rest Away (page 15-16)
What has changed in the IEX FIX Spec?
The FIX Spec has been updated, effective today, to reflect primarily the following changes:
- Update Hours of Operation (page 4)
- Introduce Primary Peg functionality (page 4)
- Introduce Route to Rest Away strategy (page 6)
- Update Route to Take with Re-sweep strategy (page 7)
- Update Minimum Quantity functionality (page 9)
- Introduce Anti-Internalization Group ID (page 10)
- Introduce Investor ID (page 10)
- Introduce Last Liquidity Indicator (page 11)
- Update Cancel/Replace functionality (page 19)
Where can I learn more?
- Contact IEX Sales at 646.568.2345 or subscriber@iextrading.com.
- Contact IEX Market Operations at 646.568.2330 or marketops@iextrading.com.
- Visit the IEX Website iextrading.com.
- Become an IEX Subscriber.
About IEX
Dedicated to institutionalizing fairness in the markets, IEX provides a more balanced marketplace via simplified market structure design and cutting-edge technology. IEX operates a fair-access platform accessible by any qualified broker dealer. IEX is driven by a team of cross-industry experts with backgrounds spanning market venues, electronic trading, and broker-dealers. IEX is the first equity trading venue seeded exclusively by a consortium of buy-side investors, including mutual funds, hedge funds, and family offices. Learn more at: iextrading.com.