An order that is eligible to interact exclusively with interest on the same exchange. The order will not route, and...
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),...