NYSE American (Exchange)

NYSE American (previously known as AMEX) allows the trading of listed NYSE, NYSE American, NYSE Arca, Nasdaq, and IEX 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).

  • Orders can be placed from 6:30 A.M. to 8:00 P.M. Eastern Time.
  • NYSE American accepts market orders from 9:30 A.M. to 4:00 P.M. and limit orders from 6:30 A.M. to 8:00 P.M.

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

Order Durations

Day

May be entered between 6:30 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 the end of the DAY session.

Day+

May be entered between 7:00 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 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 underlying symbol of the option 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 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 underlying symbol of the option 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 7:00 A.M. and 8:00 P.M. Eastern.

Unfilled orders and leaves expire immediately.

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 exchange's 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 3:50 P.M. ET. Rejected after 3:50 P.M. ET by the exchange. Orders cannot be canceled after 3:50 P.M.  

Unfilled orders are canceled after the closing session.

Advanced Settings

Advanced settings for order placement on NYSE American are:

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

Order Behaviors

  • NYSE American imposes a delay of 350 microseconds to all incoming and outbound orders.
  • Market orders are matched within NYSE American if it’s currently the best bid/ask of the market (that is, "at the inside"). If not, the order is routed out. Any residual volume will not be routed to the next price level until all quotes at the current best bid offer are exhausted.

  • Marketable limit orders are matched within NYSE American if it’s currently the best bid/ask of the market (that is, "at the inside"). If not, the order is routed out. Any residual volume will not be routed to the next price level until all quotes at the current best bid offer are exhausted. Once all attainable liquidity within that capped limit price is exhausted, the order will be rejected back to the user.

  • Non-marketable limit orders are posted to the NYSE American book. The best bid and offer in the NYSE American book will be displayed in the Market Depth window.

  • Stop Market Orders are initially routed to our stop server until triggered. Once triggered, an order routed to NYSE American will behave as a Market order.

  • Stop Limit Orders are initially routed to our stop server until triggered. Once triggered, an order routed to NYSE American will behave as a Limit order.

  • An Immediate or Cancel (IOC) order is matched within the NYSE American book only if it’s at the inside. Non-marketable orders are immediately rejected, partial fills will be accepted.