A quote that reports best terms available for trades at the national level- i.e., the highest bid price and lowest...

Time-weighted average price (TWAP) is the average price of a security over a specified period of time. It is a...

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

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

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

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

The mid-point of the national best bid and offer (NBBO); an order pegged to the NBBO mid-point (pegged-to-mid-point order) allows...

The price that falls between the best price quoted by the sellers of a security (or another type of assets),...

The price that falls between the best price quoted by the sellers of a security (or another type of assets),...

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