TradeStation Help

ARCX (Exchange)

The Archipelago Electronic Communications Network (ARCX) allows the trading of listed NYSE, AMEX, NYSE Arca, and Nasdaq stocks in quantities from 1 to 1,000,000. 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 ARCX, 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 4:02 P.M. Eastern.

Day+

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

Unfilled orders and leaves expire at 8:00 P.M. Eastern.

GTC (Good Til 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.

GTC+ (Good Til Canceled Plus)

May be entered at any time.

Unfilled orders and leaves remain alive, if applicable, across multiple days, for the DAY+ session 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 Til 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.

GTD+ (Good Til Date Plus)

May be entered at any time.

Unfilled orders and leaves remain alive, if applicable, across multiple days, for the DAY+ session 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.

IOC (Immediate or Cancel)

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

Unfilled orders and leaves expire immediately.

Advanced Settings

ARCX will accept orders using the following Advanced settings:

Both types of order placement are available between 8:00 A.M. and 8:00 P.M. Eastern.

Order Behaviors