Cancel on SNAPSM Auction Order Modifier
Your auction, your way.
The Cancel on SNAPSM Auction order modifier is used when an order sender does not want an order that is resting on the CHX Order Book to be included in a future SNAP Auction.
These order types are inconsistent with the use of Cancel on SNAP Auction order modifier:
- Start SNAP Order
- SNAP Auction Only Order (AOO)
- Immediate-or-Cancel (IOC)
- Price Penetrating ISO (PP ISO)
- Fill-or-Kill (FOK)
Learn more about the technical requirements to use the Cancel on SNAP Auction order