26 If an incoming buy order from Broker A with Unique Key “ABCDT” for 100 shares @ MKT is entered, then based on Price/Broker/Time priority, the order trades against the Broker A sell order @ $10.02. As the STM Keys match, the trade is not displayed on the public feed. If an incoming order from Broker A with Unique Key “BAYS9” to buy 1,500 shares @ MKT is entered, then based on Price/Broker/Time priority, the following trades occur: BUYER Seller Volume Price Comments A A 200 10.02 Keys do not match, trade is published on public feed. A B 400 10.02 Trade is published on public feed. A C 100 10.02 Trade is published on public feed. A A 500 10.03 Keys match, trade is not published on public feed.
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