All the orders received prior to market open will be routed and protected versus the stock 2019s primary listing exchange market opening print. 00a0There may be a delay in the opening for certain stocks in the primary exchange which results 00a0in these counters not 00a0opening 00a0at 9.30am sharp. However, you may still see transactions executed 00a0off the primary exchange before the official open, 00a0and these transactions are 00a0required to be reported under 00a0US Securities and Exchange Commission (SEC) regulation. Any 00a0activities taking place 00a0prior to the primary market open that is reported to the tape 00a0are 00a0from alternative display facilities or dark pools. 00a0These trades are reported to the tape 00a0because under SEC rules, every stock transaction must be reported to a consolidated data feed, whether it occurs on an exchange, like the Nasdaq or Intercontinental Exchange Inc 2019s (ICE.N) New York Stock Exchange (NYSE), or in a dark pool. Off-exchange trades are reported through Trade Reporting Facilities (TRFs) run by Nasdaq and NYSE in conjunction with FINRA. Similarly, the high and low of the day for certain counters may be executed off the primary exchange and may not be taken as official primary executed prices.