Opening Auction Execution Priority
- MOO and market RHO orders received in time priority.
- Limit/LOO/LLOO orders priced at or more aggressively than the official auction price. Regular limit orders may include display, hidden and reserve orders. Price/time priority of the specified limit (effective price for LLOO, not ultimate target price) will be considered and hidden followed by reserve size for each price level will be executed after displayed liquidity prior to moving to the next price level.