Nasdaq Announces First Exchange AI Powered Order Type Approved By the SEC
Dynamic Midpoint Extended Life Order (M-ELO)
A New Era in Midpoint Trading
Welcome to the next generation of midpoint trading with Nasdaq's Dynamic Midpoint Extended Life Order (M-ELO). Harnessing the power of artificial intelligence and machine learning, Dynamic M-ELO intelligently adjusts execution holding periods every 30 seconds based on market trends. Experience improved fill rates and minimized market impact with our adaptive AI-powered order type.
What Does This Mean For Your Midpoint Trading Strategy?
It means enhanced liquidity and improved execution quality, all while providing a buffer against the unpredictable ebb and flow of market fluctuations. It's not just about making better trades, it’s about modernizing markets through technology that learns and grows with the market to improve efficiencies.
Broker-Neutral Exchange
Dynamic M-ELO orders only pair with other Dynamic M-ELO order types, uniting like-minded long-term investors on a broker-neutral exchange.
Non-Displayed Trade
Dynamic M-ELO reports to the tape like other midpoint executions, offering transparency in a regulated environment.
Using Existing Connectivity
Traders can use existing exchange connectivity when trading with Dynamic M-ELO, avoiding the costs associated with technology upgrades.
Watch the video
We’re at the Forefront of Shaping the Future of Markets
Kevin Kennedy - EVP, Head of North American Market Services
North American Markets
From breaking barriers as the first electronic stock exchange, to regularly eclipsing records for average daily volume (ADV) share, Nasdaq's North American markets give trading industry participants access to diverse and transparent liquidity in the equity and equity derivatives markets.
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From breaking barriers as the first electronic stock exchange, to regularly eclipsing records for average daily volume (ADV) share, Nasdaq's North American markets give trading industry participants access to diverse and transparent liquidity in the equity and equity derivatives markets.
Modernization & the Role of the Exchange
Operating 18 markets across North America, the Nordics and the Baltics, as well as a technology provider to more than 130 marketplaces globally, Nasdaq sits at the center of capital markets, technology and regulation. We have a unique vantage point that informs our views on the evolution of markets.
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Operating 18 markets across North America, the Nordics and the Baltics, as well as a technology provider to more than 130 marketplaces globally, Nasdaq sits at the center of capital markets, technology and regulation. We have a unique vantage point that informs our views on the evolution of markets.
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