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Close

An algorithm that seeks out filling and posting orders into the day’s close in order to secure a price better...

Close Algorithm

An algorithm that seeks out filling and posting orders into the day’s close in order to secure a price better...

Listed Stock

A stock that is traded on a major or regional exchange (organized exchange) such as the New York Stock Exchange...

Market Impact

The price change that occurs due to a sell or buy order. Broadly, it is the effect that results from...

DP

It stands for decision price; the price of a security (e.g., a stock) that drives the decision of a market...

Decision Price

The price of a security (e.g., a stock) that drives the decision of a market participant to sell or buy...

Large Accelerated Filer

An accelerated filer that meets a set of registration requirements at the end of its fiscal year in terms of...

Large-Cap Stock

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

Long Dated

A long-dated contract or instrument is one with a maturity longer than one year (or two years in some  cases)....

Low Toxicity Pool

A toxic pool which feature passive orders such as those placed by long-term investors. The level of toxicity or neutrality...