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PL Order

It stands for passive liquidity order; a non-displayed order that allows market participants to provide liquidity to the market without...

PLO

An acronym for passive liquidity order; a non-displayed order that allows market participants to provide liquidity to the market without...

NBBO

It stands for national best bid and offer; a quote that reports best terms available for trades at the national...

UCOM

It stands for United Currency Options Market. A proprietary system which was introduced by the Philadelphia Stock Exchange (PHLX) to…

TLCDS

It stands for tranche-loss credit default swap; a basket-linked credit default swap(basket-linked CDS) which protects the buyer (the long) from…

NCA-HFS

It stands for non-current assets held for sale; a collection of non-current assets that an entity designates as held for...

FV-CTS

It stands for fair value less cost to sell; a type of net recoverable amount where the value of an...

HFS-NCA

It stands for held for sale non-current assets; a collection of non-current assets that an entity designates as held for...

Forward-Starting BDS

A forward contract which obliges the holder to buy or sell a basket default swap (BDS) at a specified time…

Islamic ELN

A structured product/ instrument that is modeled on a conventional equity-linked note(ELN). The conventional one provides investors with a fixed…