Market regulation · 12/12/2011Updated: 10/17/2026 · 1 min read

International Securities Exchange, LLC Files Proposed Rule Change on Legging Orders

International Securities Exchange, LLC has submitted a proposed rule change to the Securities and Exchange Commission regarding legging orders, a trading practice that involves placing orders to buy or sell a security at a price slightly above or below the market price, with the intention of profiting from the difference.