Changes are operative on April 13, 2015
Proposed new language is underlined; proposed deletions are bracketed.
4751. Definitions
The following definitions apply to the Rule 4600 and 4750 Series for the trading of
securities listed on Nasdaq or a national securities exchange other than Nasdaq.
(a) – (g) No change.
(h) The term “Time in Force” shall mean the period of time that the System will hold an
order for potential execution, and shall include:
(1) – (5) No change.
(6) “Market Hours Day” or “MDAY” shall mean for orders so designated, that if
after entry into the System, the order is not fully executed, the order (or
unexecuted portion thereof) shall remain available for potential display and/or
execution until 4:00 p.m. Eastern Time, unless canceled by the entering party,
after which it shall be returned to the entering party. MDAY Orders shall be
available for entry from 4:00 a.m. until 4:00 p.m. Eastern Time and for potential
execution from 9:30 a.m. until 4:00 p.m. Eastern Time. MDAY orders entered
after 4:00 p.m. Eastern Time will not be accepted.
(7) No change.
(8) “Good-til-market close” or “GTMC” shall mean for orders so designated, that
if after entry into the System, the order is not fully executed, the order (or
unexecuted portion thereof) shall remain available for potential display and/or
execution until cancelled by the entering party, or until the completion of the
Nasdaq Closing Cross, after which it shall be returned to the entering party.
GTMC orders shall be available for entry and potential execution from 4:00 a.m.
until [and 8:00]4:00 p.m. Eastern Time. GTMC orders entered after [the Nasdaq
Closing Cross]4:00 p.m. Eastern Time will not be accepted[treated as SIOC
orders].
(i) No change.
Adopted Oct. 16, 2006 (SR-NASDAQ-2006-001); amended Aug. 2, 2006 (SRNASDAQ-2006-027); amended Oct. 10, 2006 (SR-NASDAQ-2006-043); amended Dec.
15, 2006 (SR-NASDAQ-2006-058); amended Feb. 5, 2007 (SR-NASDAQ-2007-005);
amended Mar. 5, 2007 (SR-NASDAQ-2007-020); amended Mar. 5, 2007 (SRNASDAQ-2008-021); amended June 2, 2008 (SR-NASDAQ-2008-049); amended June
13, 2008 (SR-NASDAQ-2008-054); amended July 9, 2008 (SR-NASDAQ-2008-061);
amended Dec. 23, 2008 (SR-NASDAQ-2008-098); amended Jan. 28, 2009 (SRNASDAQ-2009-006); amended May 20, 2009 (SR-NASDAQ-2009-048); amended July
20, 2009 (SR-NASDAQ-2009-070); amended Aug. 21, 2009 (SR-NASDAQ-2009-079),
operative Sept. 1, 2009; amended Aug. 6, 2010 (SR-NASDAQ-2010-100), operative
Sept. 5, 2010; amended Aug. 10, 2010 (SR-NASDAQ-2010-101), operative Sept. 13.
2010; amended Nov. 5, 2010 (SR-NASDAQ-2010-115), operative Dec. 6, 2010;
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Changes are operative on April 13, 2015
amended Apr. 28, 2011 (SR-NASDAQ-2011-059); amended May 19, 2011 (SRNASDAQ-2011-070), operative June 18, 2011; amended Sep. 30, 2011 (SR-NASDAQ2011-140); amended Feb. 27, 2012 (SR-NASDAQ-2012-031), operative Mar. 28, 2012;
amended Mar. 23, 2012 (SR-NASDAQ-2012-041), operative Apr. 22, 2012; amended
Apr. 5, 2012 (SR-NASDAQ-2012-049), operative May 4, 2012; amended May 8, 2012
(SR-NASDAQ-2012-060), operative May 14, 2012; amended June 28, 2012 (SRNASDAQ-2012-081); amended July 2, 2012 (SR-NASDAQ-2012-084), operative Aug.
2, 2012; amended Aug. 2, 2012 (SR-NASDAQ-2012-066); amended Sept. 28, 2012 (SRNASDAQ-2012-111), operative Oct. 15, 2012; amended Dec. 17, 2012 (SR-NASDAQ2012-140), operative Feb. 25, 2013; amended Jan. 14, 2013 (SR-NASDAQ-2013-007);
amended Mar. 5, 2013 (SR-NASDAQ-2013-033), operative Mar. 18, 2013; amended
May 10, 2013 (SR-NASDAQ-2013-077); amended June 13, 2013 (SR-NASDAQ-2013083), operative July 13, 2013; amended Dec. 19, 2013 (SR-NASDAQ-2013-160);
amended Jan. 24, 2014 (SR-NASDAQ-2014-010); amended Dec. 30, 2014 (SRNASDAQ-2014-095); amended Dec. 16, 2014 (SR-NASDAQ-2014-123), operative Apr.
13, 2015.
*****
4754. Nasdaq Closing Cross
(a) No change.
(b) Processing of Nasdaq Closing Cross. The Nasdaq Closing Cross will begin at
4:00:00[,] p.m., at which time no further orders for participation in the Closing Cross or
the continuous market will be accepted. [and p]Post-market hours trading will commence
when the Nasdaq Closing Cross concludes, at which time extended hours orders will be
accepted.
(1) – (7) No change.
*****
Adopted Oct. 16, 2006 (SR-NASDAQ-2006-001); amended Feb. 23, 2011 (SRNASDAQ-2011-031), operative Mar. 25, 2011; amended Mar. 5, 2013 (SR-NASDAQ2013-033), operative Mar. 18, 2013; amended June 20, 2013 (SR-NASDAQ-2013-090);
amended Feb. 21, 2014 (SR-NASDAQ-2014-004), operative May 12, 2014; amended
Apr. 19, 2014 (SR-NASDAQ-2014-036), operative May 12, 2014; amended July 28,
2014 (SR-NASDAQ-2014-076), operative Aug. 25, 2014; amended Dec. 16, 2014 (SRNASDAQ-2014-123), operative Apr. 13, 2015.
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