POSTED PRICE IS HIT BY TWO OR MORE DEALERS WITH THE MONEY BROKER (BROKER) RESULTING IN TRANSACTION VOLUME LESS THAN THE MINIMUM STANDARD LOT
When a posted price with a broker is lifted or given simultaneously by two or more dealers, the volume specified by the quoting dealer will be divided equally among the aggressor dealers. The quoting dealer, on the other hand, shall honor and transact the deals with the multiple aggressor dealers regardless of the amount, provided this is in conformity with existing rules and trading conventions. All aggressor dealers MUST be ready to deal at the minimum standard lot. However, if the split volume is less than the minimum standard lot, the broker shall immediately announce this to all the aggressor dealers.
All aggressor dealers should then immediately express their intention to accept or reject the reduced volume allocation. Rejected volumes are to be redistributed equally to aggressor dealers that opted to accept the split volume. All aggressor dealers that opted to accept shall be ready to accept more than the original split amount but not exceeding the originally expressed intended volume.
If the split volume that is allocated is rejected by all aggressor dealers, all at the same time, then the original allocation by the broker shall stand, as if nobody has rejected the original allocation. The aggressor dealers are committed to accept their allocations, no matter how small and odd the outcome of the split volume.