Lit Trading

D-Limit works like a standard limit order but is the only of its kind designed to protect orders from adverse selection.

• Available for lit or dark trading
• Designed to improve displayed trading for all market participants

When IEX Exchange's unique Signal anticipates a price shift, D-Limit orders are automatically repriced to one Minimum Price Variation (MPV) outside the predicted unstable price level. This dynamic repricing mechanism is designed to protect against unfavorable price movements.