Important: Flattening in Milan Closing Auction

Dear Manager,

Please be advised that flattening from the Summary tool in Milan during the closing auction period (17:30–17:42 local time) will send a Market order, but the Milan market does not accept the Market order type for certain symbols.

We recommend that traders not use Flatten from Summary during this period. Instead, traders should manually handle their positions by entering aggressive Limit orders to maximize their chances to get flat. Also, please keep in mind that the TSR Team can only use the Flatten tool to assist with covering positions.

For more information, please review the list of symbols that do not support the Market order type in Milan.

If you have any questions or comments, you can create a mojo.


Communications Team

*Remember to access our PPro8 Wiki and Knowledge Base to learn more.

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