An order that provides potential for price improvement by executing at the mid-point of the best bid and best offer...
It stands for immediate-or-cancel order; an order to buy or sell a security subject to an instruction to execute immediately...
An order that provides potential for price improvement by executing at the midpoint of the best bid and best offer...
It stands for contra midpoint only; a non-displayed order type that is priced at the midpoint between the best bid...
It stands for midpoint extended life order; an order (a non-display midpoint orders) that only executes against other same type...
An order (a non-display midpoint orders) that only executes against other same type orders (midpoint extended life orders), but different...
A quote that reports best terms available for trades at the national level- i.e., the highest bid price and lowest...
Time-weighted average price (TWAP) is the average price of a security over a specified period of time. It is a...
An order that allows traders to target a price at the mid-point of the National Best Bid and Offer (NBBO),...
An order that allows traders to target a price at the midpoint of the National Best Bid and Offer (NBBO),...