Alteration of Orders (Change Former Order-CFO)
A stockbroker may change the terms of an order already entered in BATS for the following reasons:
1- If the security, symbol, market or the order type (buy or sell) needs to be changed, the order must be cancelled and re-entered.
2- If any of the following changes are effected, a new effective time stamp will be given to the order:
(a) change in price;
(b) increase in disclosed volume;
(c) a change in the underlying client.
3- If any of the following changes are effected, the order will keep its original effective time stamp:
(a) decrease in disclosed volume.
(b) changes in undisclosed volume.