Filter by Categories
Accounting
Banking

PNP Plus

It stands for post no preference order plus; an order (a PNP order) representing a limit order to buy or...

Post No Preference Order

An order that is eligible to interact exclusively with interest on the same exchange. The order will not route, and...

PNP Order

It stands for post no preference order; an order that is eligible to interact exclusively with interest on the same...

Regular Peg Order

An order that follows, and then is placed at, the best bid, when buying a security (a buy order), and...

MOC Order

It stands for market on close; an order that is placed with a broker of securities or commodities by a...

Market On Close

An order that is placed with a broker of securities or commodities by a trader (market participants) requesting the purchase...

MOC

It stands for market on close; an order that is placed with a broker of securities or commodities by a...

Market Reverse Peg Order

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

Reverse Peg Order

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

Market Peg Order

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