Order Routing Matrix

CBSX Order Routing Matrix
Order Capacity	Order Origin (Tag 47)	Route Away	Do_Not_Route*	Odd/Mixed Lot Acceptance	Auto_Decrement < 100 Shares**	Cancel on Dissconnect
* The balance is automatically cancelled if the limit price would lock/cross another Reg NMS Protected quote ** Any remaining quantity is automatically cancelled when below 100 shares
Agency	A	X		X		X
Broker/Dealer	B	X		X		X
Agency	C	X		X
Program Order/Index Arb (Principal)	D	X		X		X
Principal	E	X		X		X
Program Order/Index Arb (Agency)	F	X		X		X
Principal	G	X		X		X
Market Maker Quote	I		X	X	X	X
Agency Do_Not_Route	J		X	X		X
Principal Do_Not_Route	K		X	X		X
Program Order/Non-Index Arb (Principal)	L	X		X		X
Market Maker	M	X		X		X
Program Order/Non-Index Arb (Agency)	N	X		X		X
Principal	P	X		X		X
Competing Dealer (Agency)	R	X		X		X
Competing Dealer (Principal)	T	X		X		X
Program Order/Index Arb (Agency)	U	X		X		X
Agency	W	X		X		X
Program Order/Non-Index Arb (Agency)	Y	X		X		X

Order Contingency	CMi Contingency	FIX Tag 18	Time-In-Force	Trade Through NBBO	Route Away Eligible
* Treated as IOC Price=Limit & Tag 111=Display Quantity * Tag 9384 value
ISO	ISO	f	IOC	X
ISO-Book	ISB	f	Day	X
Reserve	RESERVE	N/A**
Cross	CROSS	B	Day*
Mid-Point Cross	CROSS (Price=MKT)	B (Price=MKT)	Day*
Tied-Cross	TIED_CROSS	G	Day*	X
Cross Within	CROSS_WITHIN	J	Day*
Tied-Cross Within	TIED_CROSS_WITHIN	K	Day*	X
Sweep & Cross	AUTOLINK_CROSS & AUTOLINK_CROSS_MATCH	h & i	Day*		X
Bid Peg Cross	BID_PEG_CROSS	l	Day*
Offer Peg Cross	OFFER_PEG_CROSS	m	Day*
Next Day Cross	NEXT_DAY_CROSS	p	Day*	X
Two Day Cross	TWO_DAY_CROSS	q	Day*	X
Cash Cross	CASH_CROSS	o	Day*	X
CBSX Only (Do not Route)	DO_NOT_ROUTE	n or 26***	IOC or Day
Fill-Or-Kill	FOK	N/A	FOK
All-Or-None	AON	G	IOC or Day

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