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Order Latency

The amount of time it takes an order to be executed. It is the time delay between the time an...

Latent Order

An order that lurks in a market (usually a dark market) awaiting execution as per the set instructions accompanying it....

Nondisplayed Exchange

An exchange (venue) in which offers to trade are not disclosed to the public. Orders can be invisibly transmitted (and...

Nondisplayed Market

A market in which offers to trade are not disclosed to the public. Orders can be invisibly transmitted (and hence...