A trading algo (algorithm) that combines displayed liquidity (lit liquidity) and non-displayed liquidity (dark liquidity) with aggressive and passive strategies....
A type of contingent order (contingent trade order) that only becomes active if another order (known as the primary order)...
A non-standard type of dividend that involves the distribution of promissory notes that entail some type of payment at a...
A secular market that is characterized by a very long downward trend. A secular downtrend combines the characteristics of both...
A provisional certificate, usually issued by a firm, that entitles the holder to receive a fractional share of stock. This...
A placeholder quote for stocks that is used by a market maker that wants to quote one side of a...
A client order that is resident in the internal book of a broker/ dealer with a duplicate that has an...
An order (buy or sell order) that is placed by an investor seeking to establish or offset a position by...
A price distortion in asset markets that results from using prices that are stale because of infrequent trading or lack...
A large trade that is intentionally publicized as an invitation to market participants to deal. Execution of the deal will...