RE: RE: Laks, ma5k or anyone15 May 2018 07:32
MP, Trade cancellations cld be due to:
''Market Maker Request
Pursuant to Rule 4-107 (2), automatic fills triggered by the Guaranteed Fill Facility that are in violation of the eligibility requirements above may be cancelled at the request of the Market Maker. The Exchange may cancel or amend any trades deemed to be an improper use of the Guaranteed Fill Facility.
Routine monitoring of orders and trades on the Exchange can generate alerts that may indicate a violation of the Trading Rules of the Exchange. Specifically, Rule 4-107 (1) sets out the eligibility requirements for the Guaranteed Fill Facility. An account that is properly identified as a "Short Marking Exempt" account would not be eligible for a fill, therefore a fill generated for an order marked as eligible (GMF=Y) from a SME account would be a violation of the Rule, and be subject to cancellation at the Market Maker's request. Violations may result in enforcement action.''
Possible??