Start SNAPSM Order
Your auction, your way.
Your Start SNAPSM Order is a limit order containing a SNAP Auction order modifier that must include the following:
- Valid symbol
- Valid side (Buy, Sell, Sell Short, Sell Short Exempt)
- Valid size
- Valid limit price
Start SNAP Order – Minimum Size Requirements
A Start SNAP Order is of sufficient size in either of two ways:
- A minimum of 20,000 shares
- A minimum of 2,500 shares and an aggregate notional value of at least $250,000 (order limit price times number of shares).
Order Size Calculator
Input order limit price to calculate minimum order size.
Minimum Order Size
Input order quantity to calculate the minimum limit price required.
Minimum Limit Price