The process of using an aggregator or algo (algorithm) to scan the marketplace for liquidity. The aggregator or algo will...
An algorithm that seeks out the best available price (execution price) for a security on any exchange or electronic limit...
An algorithm that seeks out the best available price (execution price) for a security on any exchange or electronic limit...
It is shortened form for cabinet trade; a transaction/ trade in an inactive security (bond, stock, etc.) These securities are...
A transaction/ trade in an inactive security (bond, stock, etc.) These securities are not traded often, and as such, there...
An order that is placed by a client with a broker or dealer with instructions as to routing to a...
A private platform (private exchanges) for trading securities, derivatives, and other financial instruments. Securities traded on dark pools are not...
A limit order that allows the broker to get the best buy or sell price and to determine the most...
A private platform (private exchanges) for trading securities, derivatives, and other financial instruments. Securities traded on black pools are not...
A security that is traded on more than one exchange. For example, a Japanese company may list its shares in...