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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,...

M-ELO

It stands for midpoint extended life order; an order (a non-display midpoint orders) that only executes against other same type...

NBBO Mid-Point

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

NBBO Midpoint

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

MPL

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

MDO

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

MOC

It stands for market on close; an order that is placed with a broker of securities or commodities by a...

ISO

It stands for intermarket sweep order; an order that sweeps across the exchange (exchanges) where it is placed, picking up...

ISO Designated IOC

It stands for immediate or cancel (IOC) intermarket sweep order (ISO); a market or limit order that is immediately executed,...