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    Midpoint Extended Life Order (M-ELO)

    Find like-minded counterparties with longer-term investment horizons

    Midpoint Extended Life Order (M-ELO)

    What if there was an order type designed for longer-term investment horizons?

    Meet M-ELO, the order type that will only execute against other M-ELO order types, matching like-minded longer-term investors on a broker-neutral exchange.

    Support

    Interested in incorporating M-ELO into your trading strategy? Contact us to learn how the order type can work for you.

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    M-ELO Benefits

    The Midpoint Extended Life Order (M-ELO)

    Find Like-Minded Counterparties

    M-ELO orders will only execute against other M-ELO order types, matching like-minded longer-term investors on a broker-neutral exchange

    M-ELO orders will only execute against other M-ELO order types, matching like-minded longer-term investors on a broker-neutral exchange

    Non-Display

    M-ELO reports to the tape like other midpoint executions

    M-ELO reports to the tape like other midpoint executions

    No Costly Connectivity Updates

    Market participants can use existing exchange connectivity to avoid costly technology updates

    Market participants can use existing exchange connectivity to avoid costly technology updates

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    Find Like-Minded Counterparties

    M-ELO Monthly Report

    View M-ELO monthly statistics and contact us for customized data and insights

    View Monthly Report

    View M-ELO monthly statistics and contact us for customized data and insights

    View Monthly Report ->

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    Any trades that occur outside Nasdaq Nordic Central Limit Order book, must be reported to the relevant order book.

    Key Features

    • One-Party Report
    • Two-Party Pre-Locked Report
    • Break Locked-in Trade or Cancel Trade

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