Cash Spreads

PAR accepts complex orders with a total cash limit price based on the notional value of the order. C1 accepts cash limit prices up to $999,999,999. Debit or Credit is indicated using the same methodology, positive (debit) or negative (credit) used for standard limit prices. The electronic book does not handle orders with cash limit prices. Trade prints and Clearing Records are converted to price and shares and are not reported using notional value.