A firm (brokerage/ stockbroker) that facilitates securities trading at reduced costs (a discount) compared to a full-service broker. However, its...
A trade price that is lower than the immediately prior trade price. It constitutes a trade (tick) at a smaller...
In the context of trading, a leg is a single position taken in a transaction. If a trader buys 100...
A trade price that is lower than the immediately prior trade price. It constitutes a trade (tick) at a smaller...
The percentages that are deducted from the market value of securities, but not of exempted securities, in long or short...
A situation that is characterized by a rush by borrowers to get their collateral back from broker-dealers (the lenders). Such...
A displayed quote representing a bid to buy or offer to sell a specific quantity of a security (or any...
A displayed quote representing a bid to buy or offer to sell a specific quantity of a security (or any...
A displayed quote representing a bid to buy or offer to sell a specific quantity of a security (or any...
A broker that takes the contra-side (opposite side) of a deal or trade that another broker has already set up...