It stands for immediate or cancel (IOC) intermarket sweep order (ISO); a market or limit order that is immediately executed,...

An index that is composed of securities that represent the overall market. The index includes a sufficiently diverse set of...

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

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

In relation to an initial public offering (IPO), specifically an IPO cross, it is a period that precedes the release...

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

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

Pegging an order with reference to the midpoint between the inside bid and the inside offer. For example, if the...

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

Pegging an order with reference to the inside quotation on the opposite side of the market. An order placed with...