Midpoint Liquidity

Highlights from IEX Exchange’s lit trading content, all in one place.

3.5 Trillion

in notional volume traded on IEX using D-Limit functionality since its inception

75%

Proportion of lit IEX trading volume traded using D-Limit

19%

Of Institutional brokers' D-Limit volume see 2¢/share average price sees improvement

75%

Stability with D-limit vs 28% on other exchanges at NBBO
reLATED Products

M-Peg™

Midpoint Peg (M-Peg) is a non-displayed order type that is pegged to the midpoint of the NBBO, subject to the order’s limit price, if any. When D-Peg orders exercise price discretion to the midpoint of the NBBO, M-Peg orders have priority over D-Peg orders.

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