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Position Trading

A trading that involves an investor (called a position trader) taking a position in the market, on expectation of, or...

Subject Quotation

A quote (quotation) for a bid or offer that is subject to the market maker’s/ dealer's reconfirmation. A subject quote...

Subject Offer

A quote for a bid or offer that is subject to the market maker’s/ dealer's reconfirmation. A subject quote may...

Subject Quote

A quote for a bid or offer that is subject to the market maker’s/ dealer's reconfirmation. A subject quote may...

Firm with Recall Quote

A firm quote (aka, bona fide quote) that will be firm (i.e., be holding) for a specified period, usually an...

Out-Firm Quote

A firm quote (aka, bona fide quote) that will be firm (i.e., be holding) for a specified period, usually an...

Bona Fide Quote

A displayed quote representing a bid to buy or offer to sell a specific quantity of a security (or any...

Firm for One-Half Hour with a 5 Min Recall

A quote whereby a selling dealer has to stick to the price "quoted" for one-half hour, but still has the...

Broad-Based Index

An index that is composed of securities that represent the overall market. The index includes a sufficiently diverse set of...

Big-Cap Stock

A stock that is issued by a very large company, specifically with a market capitalization of ranging between $5-10 billion.…