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POV-ALGO

A POV-ALGO order trades based on real time market volumes, with the Percent of Volume (POV) participation level set to 20% of volume.

Order Duration

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.

Order Behavior