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Market Volume

The total number of securities (e.g., shares or contracts) that have been traded (purchased and sold) in a specific period...

MOO

It stands for market-on-open order; an order that is intended to be executed at the opening price in the first...

Market-on-Open Order

An order that is intended to be executed at the opening price in the first session in a trading day....

Multi-Sweep

An order (sweep, or sweep order) that is filled by means of multiple sweeps taking place under the same trade...

Margin Securities

Securities that are carried by a broker for the account of a customer in a margin account and in any...

MPL ALO

It stands for midpoint liquidity (MPL) adding liquidity only order (ALO); an MPL order that is designated with an ALO...

MQO

It stands for minimum quantity order; a limit order to buy or sell a security (contract) that will only execute...

Minimum Quantity Order

A limit order to buy or sell a security (contract) that will only execute if a minimum amount of the...

MIDP Routing Strategy

An acronym for midpoint routing option/ strategy; the strategy allows traders to search midpoint liquidity on an exchange's order book,...

MIDP

An acronym for midpoint routing option/ strategy; the strategy allows traders to search midpoint liquidity on an exchange's order book,...