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CLOB

An acronym for central limit order book; a limit order book that connected as a central network. It is a...

Central Limit Order Book

A limit order book that connected as a central network. It is a transparent trading method that is used by...

CMO Order

It stands for contra midpoint only; a non-displayed order type that is priced at the midpoint between the best bid...

CMO+PO

A contra midpoint only (CMO) that comes with “post-only” functionality which allows the order, similar to a midpoint peg post-only...

Contra Midpoint Only with Post Only

A contra midpoint only (CMO) that comes with “post-only” functionality which allows the order, similar to a midpoint peg post-only...

CMO

It stands for contra midpoint only; a non-displayed order type that is priced at the midpoint between the best bid...

Contra Midpoint Only

A non-displayed order type that is priced at the midpoint between the best bid and the best offer (e.g., NBBO)....

Common Shares

A class of securities that represents ownership interest in a publicly-held company and entitles a shareholder to vote on specific…

Conversion Ratio

A provision in a company’s prospectus that spells out the number of common shares a holder of convertible securities will…

Creation Unit

A subset of an exchange-traded fund (ETF) that is representative of the shares comprising the fund. ETFs shares are redeemed…