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...
An order that rests in a venue (pool). It might be a dark order or a light order. Orders made...
In financial markets, it is the probability measure that depends on observation of market prices in the real life convext...
A close substitute for volume-weighted average price (VWAP) that is usually used in markets where tick-level data are unpublished or...
The ratio of the value of securities traded to the total volume traded over a given period of time (usually...
A trading algorithm that is used by electronic traders to target a specific order execution volume in line with the...
A ratio that relates the implied volatility of a security to its recent historical volatility: Volatility ratio = implied volatility...