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Midprice

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

Unseasoned Issue

A securities issue whereby a company goes public- i.e., issues its stock for the first time in the primary market....

Unseasoned Offering

An offering whereby a company goes public- i.e., issues its stock for the first time in the primary market. An...

Midpoint

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

NBBO Midpoint

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

Regular Peg Order

An order that follows, and then is placed at, the best bid, when buying a security (a buy order), and...

MPL

It stands for midpoint liquidity; a market liquidity that is provided by trades/ orders executed, or to be executed, at...

Midpoint Liquidity

A market liquidity that is provided by trades/ orders executed, or to be executed, at the midpoint. Midpoint liquidity is...

Midpoint Liquidity Order

A limit order to buy (sell) a security (or a tradable asset) that is not displayed and automatically executes at...

Midpoint Passive Liquidity Order

A limit order to buy (sell) a security (or a tradable asset) that is not displayed and automatically executes at...