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MPL ALO

It stands for midpoint liquidity (MPL) adding liquidity only order (ALO); an MPL order that is designated with an ALO...

LOB

It stands for limit order book; a list (record) of outstanding or resting limit orders that is maintained by a...

Limit Order Book

A list (record) of outstanding or resting limit orders that is maintained by a specialist at an exchange/ trading venue,...

CLOB

An acronym for central limit order book; a limit order book that connected as a central network. It is a...

Central Limit Order Book

A limit order book that connected as a central network. It is a transparent trading method that is used by...

MQO

It stands for minimum quantity order; a limit order to buy or sell a security (contract) that will only execute...

Minimum Quantity Order

A limit order to buy or sell a security (contract) that will only execute if a minimum amount of the...

MIDP Routing Strategy

An acronym for midpoint routing option/ strategy; the strategy allows traders to search midpoint liquidity on an exchange's order book,...

IOC

It stands for immediate-or-cancel order; an order to buy or sell a security subject to an instruction to execute immediately...

MIDP

An acronym for midpoint routing option/ strategy; the strategy allows traders to search midpoint liquidity on an exchange's order book,...