It stands for post no preference order; an order that is eligible to interact exclusively with interest on the same...

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

Pegging an order with reference to the inside quotation on the same side of the market. For the price of...

A passive liquidity order (PL order/ PLO) that is, once entered, it will not interact with an incoming order that...

It stands for passive liquidity select order; a passive liquidity order (PL order/ PLO) that is, once entered, it will...

It stands for passive liquidity order; a non-displayed order that allows market participants to provide liquidity to the market without...

An acronym for passive liquidity order; a non-displayed order that allows market participants to provide liquidity to the market without...

A non-displayed order that allows market participants to provide liquidity to the market without publicly revealing their trading plans or...

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

A slippage that occurs when an order is executed at a more favorable (higher for a sell order, and lower...