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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,...

Midpoint Order

An order that provides potential for price improvement by executing at the midpoint of the best bid and best offer...

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...

Midpoint Pegged Order

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

TWAP NBBO Midpoint

It stands for time-weighted average price (TWAP) at midpoint of national best bid and best offer (NBBO); it is the...

Midprice

The price that falls between the best price quoted by the sellers of a security (or another type of assets),...

Midpoint

The price that falls between the best price quoted by the sellers of a security (or another type of assets),...

NBBO Midpoint

The midpoint of the national best bid and offer (NBBO); an order pegged to the NBBO midpoint (pegged-to-midpoint order) allows...