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Fully Paid Securities

Securities for which the issuer has no right to request more payments from the holder as payment has been completed...

Fully Paid

A term describing or designating securities for which the issuer has no right to request more payments from the holder...

MIDP Routing Strategy

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

MIDP

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

M-ELO

It stands for midpoint extended life order; an order (a non-display midpoint orders) that only executes against other same type...

Midpoint Extended Life Order

An order (a non-display midpoint orders) that only executes against other same type orders (midpoint extended life orders), but different...

National Best Bid and Best Offer

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

Mid-Point Pegged Order

An order that allows traders to target a price at the mid-point of the National Best Bid and Offer (NBBO),...

Midpoint Pegged Order

An order that allows traders to target a price at the midpoint of the National Best Bid and Offer (NBBO),...

Pegged-To-Mid-Point Order

An order that allows traders to target a price at the mid-point of the National Best Bid and Offer (NBBO),...