Order Splitting
When brokers split up larger orders to qualify them for the Small Order Execution System (SOES) and, therefore, have them automatically executed.

Investopedia Says:
SOES is for individual traders with orders less than or equal to 1,000 shares. The practice of order splitting is prohibited on the Nasdaq.

Related Terms:
Nasdaq
Order
Small Order Execution System - SOES
Split Block Pricing
Tape Shredding

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