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Nondisplayed Exchange

An exchange (venue) in which offers to trade are not disclosed to the public. Orders can be invisibly transmitted (and...

Nondisplayed Market

A market in which offers to trade are not disclosed to the public. Orders can be invisibly transmitted (and hence...

Reserve Order

A trading order (a type of limit order) that is only partly displayed to the market. In this sense, it consists of a...

Iceberg Order

A trading order (a type of limit order) that is only partly displayed to the market. In this sense, it consists of a...