Market regulation · 25/09/2014Updated: 10/17/2026 · 1 min read
NASDAQ OMX PHLX LLC Filing Proposed Rule Change for Legging Orders
Summary
NASDAQ OMX PHLX LLC has submitted a proposed rule change to the Self-Regulatory Organizations to introduce a new complex order process called legging orders, which will allow traders to adjust their positions by buying and selling the same security at different prices.