A brokerage firm that handles a customer's orders to buy and sell securities, and additionally maintains custody of the customer's...
An account whereby a brokerage firm may automatically transfer- or sweep- a client's surplus funds (unused cash) into a specific...
It stands for minimum quote size; on the London Stock Exchange (LSE), it refers to the minimum number of shares...
A peg order that links the price to the exact mid-point between the bid price and the offer price of...
A trading algorithm that targets the closing price, and hence the name “market-on-close (MOC) algorithm”. This algorithm allows electronic traders...
A trading algorithm (algo) that targets the closing price, and hence the name “market-on-close (MOC) algo”. This algorithm allows electronic...
On the London Stock Exchange (LSE), it refers to the minimum number of shares in which market makers are registered...
A component of execution costs; in turn, market impact cost consists of two components: bid-ask spread and price concession. It...
The price change that occurs due to a sell or buy order. Broadly, it is the effect that results from...
Using the funds borrowed from a broker to trade securities (e.g., stocks). Buying on margin works also for bonds, options,...