I need to determine which tick is the NYSE opening (ie the first one the specialist executes, not the first tick after 9:30 EST). I tried using the NYSE designator, but trades are executing with this designation before the actual NYSE open.

I the meantime, I've been using sort of a fuzzy logic to look for a large trade but it is not definitive.

Any suggestions?

Thanks,
Steve

perhaps I am misunderstanding what you are asking about (and if so, please correct me) but you should be able to monitor the Open field in IQFeed to get the open for any particular symbol.

The Open field is reporting the first trade after 9:30 EST as the Opening trade, even for NYSE stocks. (this makes sense for NASDAQ stocks since there isn't a person doing the opening) The opening trade by the specialist is often up to a minute or 2 more after 9:30 EST. This is critical for my application to determine what the specialist has opened the stock at. I am able to get this data from other feeds (I only mention this so that you know it's available from the NYSE exchange). Is there a way to get this from IQFEED?

Thanks,
Steve F

To my knowledge, our open field is populated from the open that the exchange sends (and not populated by us with the first trade). However, I will send this over to our market data group for verification.

I did some preliminary checking and our Open values appear to match other vendors for NYSE stocks. Can you tell me which other feeds you are comparing to?

No need to change the way your opening field is calculated for your datafeed, it is correct as is. What I am looking for is that either there is another datafield (ie. NYSE Specialist OPENING Trade or one like it) or one could be added as an option in a future release (hopefully soon).

I'm assuming the specialist's opening trade is another data field provided by the NYSE because my trading platform has an OPEN field that does not get populated with a value until the official NYSE Opening trade is executed by the specialist.

My primary intent here is to get the NYSE Specialist's Opening trade because this tells me that the specialist for this stock is now open for business and the trading in this stock is fully liquid. The specialist's opening trade for larger stocks is usually over a million shares in one tick and it is easy for me to identify, but the smaller cap stocks are not as obvious.


Thanks,
Steve F.