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Nasdaq Canada

Nasdaq Canada Midpoint Extended Life Order (M-ELO)

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

The Midpoint Extended Life Order (M-ELO)

Uniting like-minded counterparties

M-ELO is an order type that is designed to attract and unite counterparties with longer-term investment horizons. M-ELO orders will only execute against other resting M-ELO orders ensuring the matching of like-minded investors. M-ELO orders are held for a brief period of time before coming executable.

Elegant in design

M-ELO orders are held for a brief period of time before becoming executable. M-ELO orders are available during regular trading hours, between 9:30 AM and 4:00 PM.

Leverage existing exchange connectivity

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

86TH ANNUAL STA MARKET STRUCTURE CONFERENCE

Commitment to Providing Clients and the Investing Public With an Efficient and Effective Marketplace

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.

Contact Us

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

We'll meet you in the middle.

For Questions About

By Phone or Email

Incorporating M-ELO into your trading strategy

Nasdaq Sales team

ca.sales@nasdaq.com

Media Support 

Emily Pan

Emily.Pan@nasdaq.com

+1 (646) 441-5120

For Questions About

By Phone or Email

Incorporating M-ELO into your trading strategy

Nasdaq Sales team

ca.sales@nasdaq.com

Media Support 

Emily Pan

Emily.Pan@nasdaq.com

+1 (646) 441-5120

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