CoachUnder the reference price waiver a venue need not display orders that execute at a price taken from another market, in practice the midpoint of the primary exchange’s quote. Under the large-in-scale waiver it need not display an order that is large compared with normal market size for that share.
Quantitative Finance · Begrippenlijst
Wat is Reference price waiver and large-in-scale waiver?
Ook bekend als: reference price waiver · large-in-scale waiver