Monday, September 18, 2023
Equity Trader Alert #2023 - 46
Update in Timing: Nasdaq Introduces Contra Midpoint Only (CMO) Order Type
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As previously announced in ETA #2023-4, Nasdaq will be introducing the Contra Midpoint Only (CMO) order type. The rollout of this functionality is delayed and will be tentatively rolled out in Q1 2024, subject to SEC approval. A subsequent ETA will be sent once the launch date is finalized. Please refer to the Resources section for the original ETA and technical details. |
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