It stands for passive liquidity order; a non-displayed order that allows market participants to provide liquidity to the market without...

An open and transparent process that aims to create a single price for halt resumptions (resumption of trading after a...

A market peg order that is tied to the opposite side of the best market quote (NBBO). A market reverse...

A market peg order that is tied to the opposite side of the best market quote (NBBO). A reverse peg...

In relation to an initial public offering (IPO), it is the first public trade/ transaction. It is a mechanism to...

An acronym for passive liquidity order; a non-displayed order that allows market participants to provide liquidity to the market without...

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

It stands for national best bid and offer; a quote that reports best terms available for trades at the national...

A non-displayed order that allows market participants to provide liquidity to the market without publicly revealing their trading plans or...

An order whereby a trader can follow the best bid, when selling a security, and the best offer, when buying...