Series 4

AAA

The Options Market Place - Priority Of Option Orders

The acceptance of bids and offers for exchange-listed options are filled on a first come first serve basis with the highest bid or lowest offer being filled first. Customer orders that are entered at the same price as a member’s order will be given priority over the member’s order. If two member orders are competing at the same price, priority will be given to the member order that was entered first. Spread orders are given priority over single option orders.



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