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  • No : 179
  • Updated Date : 2025/01/27 09:00
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[arrowhead4.0] What is the difference between FLEX Standard and Market by Order (MBO)?

[arrowhead4.0] What is the difference between FLEX Standard and Market by Order (MBO)?
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Answer

There are differences in the issue information that can be received and the contents of dissemination.

For example, Standard disseminates Index information and ToSTNeT information, but Market by Order (MBO) does not.
Market by Order (MBO) disseminates information on all the prices on the book on the order basis, but Standard disseminates 10 prices for selling and buying on the price basis.

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