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Lit Would MAQ


A minimum acceptable quantity (MAQ) order that is subject to “I would” levels to finish the order at a user-specific level. The order is treated as an ‘I would’ order within a pre-set range, actively and aggressively seeking liquidity only in lit venues (lit pool).



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This section covers a wide-ranging array of terms and concepts, among others, in the area of exchanges and financial marekts at large ...
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