Auction Update Message Example (BZX Equities)
| Length | 2F | 47 bytes |
| Type | 95 | Auction Update |
| Time offset | 18 D2 06 00 | 447,000 ns since last Time Message |
| Symbol | 5A 56 5A 5A 54 20 20 20 | ZVZZT |
| Auction Type | 49 | I = IPO |
| Reference Prc | E8 A3 0F 00 00 00 00 00 | $102.50 |
| Buy Side Shrs | F8 24 01 00 | 75,000 shares |
| Sell Side Shrs | 20 4E 00 00 | 20,000 shares |
| Indicative Prc | E8 A3 0F 00 00 00 00 00 | $102.50 |
| Auct. Only Prc | E8 A3 0F 00 00 00 00 00 | $102.50 |