June 09, 2020 BY Steffy Bogdanova

Cboe launches a new trading tool to protect against quote depletion

The new tool would track significant executions of orders that constitute the best bid or offer on the EDGX or EDGA Book. The mechanism would activate if the best bid or offer displayed on EDGX or EDGA is executed below one round lot. During a QDP Active Period, an MDO would not exercise discretion for…

Read more