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...
A limit order that, once placed/ entered, the bid or offer is automatically priced by the system, as per the...
It stands for market maker peg order; a limit order that, once placed/ entered, the bid or offer is automatically...
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...