TradeStation Help

CDRG

Citadel Derivatives Group (CDRG) allows the trading of listed NYSE, AMEX, NYSE Arca, and Nasdaq stocks. Even, odd and mixed lot orders are supported (even lots are multiples of 100, mixed lots are not, odd lots are orders less than 100 shares).

In the event of a connection outage between the TradeStation Order Execution Network and CDRG, all open orders will remain working in the market as usual.

Order Durations

Day

May be entered between 8:00 A.M. and 4:00 P.M. Eastern.

Orders placed before 9:30 A.M. will become active at 9:30 A.M. Eastern

Unfilled orders and leaves expire at 4:00 P.M. Eastern.

IOC (Immediate Or Cancel)

May be entered between 9:30 A.M. and 4:00 P.M. Eastern.

Partial fills will be accepted.

Unfilled orders and leaves expire immediately.

FOK (Fill Or Kill)

May be entered between 9:30 A.M. and 4:00 P.M. Eastern.

Partial fills will not be accepted.

Unfilled orders and leaves expire immediately.

GTC (Good Till Canceled)

May be entered at any time.

Unfilled orders and leaves remain alive, if applicable, across multiple days, for the DAY session only until the order is filled or canceled.

Orders have a maximum life span of 90 calendar days.

Orders are canceled if there is a corporate action or reorg. on the symbol traded.

Orders that are partially filled during, and remain that way until the end of, a DAY trading session, will have any remaining leaves automatically canceled.

GTD (Good Till Date)

May be entered at any time.

Unfilled orders and leaves remain alive, if applicable, across multiple days, for the DAY session only until the order is filled or canceled.

Orders have a maximum life span of 90 calendar days.

Orders are canceled if there is a corporate action or reorg. on the symbol traded.

Orders that are partially filled during, and remain that way until the end of, a DAY trading session, will have any remaining leaves automatically canceled.

OPG (At the Opening)

Order TIF targeting an exchange's Opening cross or Opening auction.   

May be entered between 8:00 A.M. and 9:29 A.M. ET (or before an exchanges cutoff time). Rejected after 9:29 A.M. ET.

Unfilled orders are canceled after the opening session.

CLO (On Close)

Order TIF targeting an exchange's Closing cross or Closing auction.   

May be entered between 9:30 A.M. and 3:59 P.M. ET (or until an exchanges cutoff time). Refer to Nasdaq and NYSE Exchanges for specific cutoff times.  

Closing orders can be executed up until 4:15 ET. Unfilled orders are canceled after the closing session.

Advanced Settings

Advanced settings for order placement on CDRG are:

Advanced orders are available between 9:30 A.M. and 4:00 P.M. Eastern.

Order Behaviors