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NBBO Midpoint

The midpoint of the national best bid and offer (NBBO); an order pegged to the NBBO midpoint (pegged-to-midpoint order) allows...

Regular Peg Order

An order that follows, and then is placed at, the best bid, when buying a security (a buy order), and...

MPL

It stands for midpoint liquidity; a market liquidity that is provided by trades/ orders executed, or to be executed, at...

Midpoint Liquidity

A market liquidity that is provided by trades/ orders executed, or to be executed, at the midpoint. Midpoint liquidity is...

Midpoint Liquidity Order

A limit order to buy (sell) a security (or a tradable asset) that is not displayed and automatically executes at...

Midpoint Passive Liquidity Order

A limit order to buy (sell) a security (or a tradable asset) that is not displayed and automatically executes at...

MDO

It stands for mid-point discretionary order; a discretionary order (specifically, a limit order) to trade a specific security, with the...

Mid-Point Discretionary Order

A discretionary order (specifically, a limit order) to trade a specific security, with the trading price pegged to the midpoint...

Follow-On Offering

A new offering (of securities) by a publicly traded company, particularly new shares of stock, to raise additional capital. The...

Fungible Commodity

A commodity that is currently, or may in the future become, an underlying of recurrent/ tradable contracts in the spot...