An agreement that was signed, in 1792, by 25 New York stockbrokers and merchants to establish an investment community that…
An execution algorithm (trade executing algorithm) that slices large orders (institutional size orders)- i.e., parent orders- into a sequence of...
A sell-side trader who sells exchange services to buy-side firms (such as investment managers and institutional investors) in return for…
An institutional investor that invests money at its disposal. Examples include mutual funds, pension funds, endowments, trusts, insurers, hedge funds,…
A trader who buys exchange services from a sell-side trader (s). Examples of buy-side traders are individual investors and institutional…
The ratio of bullish responses (buy signals or messages) to bearish responses (sell signals or messages). Responses are also known...
A security that is traded on more than one exchange. For example, a Japanese company may list its shares in…
A market activity that results from a floor broker or a brokerage firm executing trades on behalf of clients and…
A stock that is not traded on a major or regional exchange (organized exchange) but rather over the counter (OTC).…
A trader who aims to execute a quick transaction for small profits by trading frequently for small moves instead of…