Midpoint Peg Orders Explained: Half-Cent Fills
A midpoint peg order floats at the middle of the national best bid and offer. See how half-cent price improvement works and when it is worth almost nothing.
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A midpoint peg order floats at the middle of the national best bid and offer. See how half-cent price improvement works and when it is worth almost nothing.
Dark pool trading matches stock orders with no displayed quotes. Every fill prints to the FINRA tape, the measured off-exchange share of five liquid stocks.