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M-ELO

The Midpoint Extended Life Order

Looking for a Like-minded Counterparty?

Look to the Midpoint Extended Life Order

The Midpoint ELO (M-ELO) is a new order type that is designed to attract and unite counterparties with longer-term investment horizons. Via a new, patent-pending matching process, M-ELO orders will only execute against other M-ELO orders, ensuring the matching of like-minded investors on a broker-neutral exchange.

Elegant in design, M-ELO orders are non-display and report to the tape as any other midpoint execution. Market participants can leverage existing exchange connectivity to use M-ELO, avoiding any costly technology or connectivity work. 

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See M-ELO in action and learn more 

Midpoint Extended Life Order (M-ELO) Mechanics

M-ELO is a new order type that is designed to attract and unite counterparties with longer-term investment horizons.

TradeTalks: Midpoint Extended Life Order (M-ELO) Pairs & Protects Like-Minded Investors

M-ELO orders are designed to protect investors and promote long-termism. Learn more with Tal Cohen, SVP & Head of North American Equities at Nasdaq, as he joins Jill Malandrino at the MarketSite.

Trade Talks: Market Structure Solutions

Jill Malandrino, Global Markets Reporter at Nasdaq, speaks with David Weisberger, Head of Equities at ViableMkts. August 2, 2017.

Midpoint Extended Life Order (M-ELO) Mechanics

M-ELO is a new order type that is designed to attract and unite counterparties with longer-term investment horizons.

TradeTalks: Midpoint Extended Life Order (M-ELO) Pairs & Protects Like-Minded Investors

M-ELO orders are designed to protect investors and promote long-termism. Learn more with Tal Cohen, SVP & Head of North American Equities at Nasdaq, as he joins Jill Malandrino at the MarketSite.

Trade Talks: Market Structure Solutions

Jill Malandrino, Global Markets Reporter at Nasdaq, speaks with David Weisberger, Head of Equities at ViableMkts. August 2, 2017.

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Interested in incorporating M-ELO into your trading strategy?

Contact sales@nasdaq.com or call +1 800 846 0477 to learn how M-ELO can work for you.

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