Midpoint Extended Life Order (M-ELO)

Uniting like-minded counterparties with longer-term investment horizons.

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See M-ELO in action and learn more 

 

Nasdaq's EVP of North American Market Services, Tal Cohen, is looking to engage the industry on key public policy, market structure initiatives and Nasdaq's commitment to providing clients and the investing public with an efficient and effective marketplace.

 

The Midpoint Extended Life Order (M-ELO)

Uniting like-minded counterparties

Via a new, patent-pending matching process, M-ELO orders will only execute against other M-ELO orders, ensuring the matching of like-minded investors on a broker-neutral exchange.

Elegant in design

M-ELO orders are non-display and report to the tape as any other midpoint execution.

Leverage existing exchange connectivity

Market participants can leverage existing exchange connectivity to avoid any costly technology or connectivity work.

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