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Mid-Point Order

An order that provides potential for price improvement by executing at the mid-point of the best bid and best offer...

IOC Order

It stands for immediate-or-cancel order; an order to buy or sell a security subject to an instruction to execute immediately...

Midpoint Order

An order that provides potential for price improvement by executing at the midpoint of the best bid and best offer...

M-ELO

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

Midpoint Extended Life Order

An order (a non-display midpoint orders) that only executes against other same type orders (midpoint extended life orders), but different...

Mid-Point Pegged Order

An order that allows traders to target a price at the mid-point of the National Best Bid and Offer (NBBO),...

Midpoint Pegged Order

An order that allows traders to target a price at the midpoint of the National Best Bid and Offer (NBBO),...

Mid-Point Liquidity

A market liquidity that is provided by trades/ orders executed, or to be executed, at the mid-point. Mid-point liquidity is...

Pegged-To-Mid-Point Order

An order that allows traders to target a price at the mid-point of the National Best Bid and Offer (NBBO),...

TWAP NBBO Midpoint

It stands for time-weighted average price (TWAP) at midpoint of national best bid and best offer (NBBO); it is the...