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Quick View: What’s behind the LSE’s hidden orders?

By Jeremy Grant

Published: November 8 2009 21:01 | Last updated: November 8 2009 21:01

First it was dark pools, now the next big thing seems to be hidden orders.

The London Stock Exchange plans to allow traders to place so-called hidden orders on its order book, following a similar move by Deutsche Börse in September. A hidden order is a large order where only a portion of it is revealed to the market, with the next segment of the order displayed when the one currently being displayed finds a match.

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