As announced in Direct Edge Notice #12-32, Direct Edge® will introduce the Route Peg Order on both the EDGA Exchange (EDGA®) and EDGX Exchange (EDGX®), pending approval by the Securities and Exchange Commission (SEC).
The SEC has requested additional time to review this new order type. Therefore, the Route Peg Order will not launch on Wednesday, August 22, 2012, as previously announced. A new launch date will be communicated via Direct Edge Trading Notice when it becomes available.
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Direct Edge Trading Notice #12-34: Route Peg Order Update
Date 21/08/2012
