🚀 Nasdaq introduces AI-powered Dynamic Midpoint Extended Life Order (M-ELO)! 🤖

Nasdaq just launched a revolutionary innovation: M-ELO, powered by artificial intelligence (AI). The SEC, the body that regulates securities, has given official approval to this interesting development.

🌟 M-ELO is designed to match long-term investors on a neutral platform regulated by the SEC. What makes this order type special is the short waiting period before trading can occur, ensuring only serious parties are involved in the transaction.

💡 Dynamic M-ELO uses AI to adjust holding periods in real-time. This dynamic approach aims to increase fill rates and reduce the impact on share prices. Initial tests showed great results, with the AI ​​considering more than 140 factors and increasing trading volume by more than 30%.

📈 Nasdaq is committed to innovation and making the markets better for everyone. In addition to order types, Nasdaq is also bringing predictive AI to their US options market to increase efficiency and align strike lists with market demand.

Conclusion: Changing the Stock Exchange

Nasdaq's introduction of AI-powered Dynamic M-ELO marks a significant change in the world of stock exchanges. It's not just about adopting new technology, but also about redefining how stock exchanges work to make them more efficient, adaptable and in tune with the fast-changing financial world.