Page Comparison

When the client sends a Cross order, the following match scenarios can occur during RFC processing depending upon market participation with the:

1. Cross Window Configured at Zero Seconds, 100% BMG, No Orders at or Better than Price Level

2. Cross Window Configured at Zero Seconds, 100% BMG, Order on Book at Price Level

The following depict scenarios where the RFC matches with other orders, or matches with another order for a total fill - side or a partial fill – side.

• RFC - Does Not Match with Other Order(s)

• RFC - Matches with Another Order – Total Fill – Side

• RFC - Matches with Another Order – Partial Fill – Side