{"id":180131,"date":"2021-06-14T14:16:00","date_gmt":"2021-06-14T18:16:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/glossary-terms\/retail-price-improvement-order\/"},"modified":"2023-01-22T13:34:44","modified_gmt":"2023-01-22T18:34:44","slug":"retail-price-improvement-order","status":"publish","type":"glossary-terms","link":"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/retail-price-improvement-order\/","title":{"rendered":"Retail Price Improvement Order"},"content":{"rendered":"<p>The Retail Price Improvement (RPI) order is a liquidity-adding order that works within the parameters of the NYSE Retail Price Improvement program. This program allows qualified stock orders to fill against eligible, hidden RPI orders that offer price improvement over the current best bid and offer.  For more information, see the\u00a0Retail Price Improvement (RPI)\u00a0Orders\u00a0page.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Retail Price Improvement (RPI) order is a liquidity-adding order that works within the parameters of the NYSE Retail Price Improvement program. This program allows qualified stock orders to fill against eligible, hidden RPI orders that offer price improvement over the current best bid and offer. 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