The process whereby an order searches all available venues for the best price (whether best bid or best offer). This...
The market liquidity that is created by means of off-exchange trading such as upstairs markets and electronic trading platforms- i.e.,...
It stands for over the counter; a non-physical market place where a widespread assembly of dealers (market makers) and their...
A non-physical market place where a widespread assembly of dealers (market makers) and their clients transact away from the premises...
A technical market indicator that involves relative odd-lot short trading by small investors. This ratio relates odd-lot short sales over...
An abbreviation for odd-lot trading ratio; the average daily odd-lot trading divided by total market volume for the day. In...
The average daily odd-lot trading divided by total market volume for the day. In other words, it is the ratio...
An old-fashioned trading system that involves verbal bids and offers, where member traders gather on the trading floor of an...
A market in which orders placed by all traders are accumulated and crossed based on the rules of order precedence. These rules determine...
An order to buy or sell a security (stock, bond, etc.) in a non-standard amount- i.e., not a multiple of...