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Spiders

An exchange-traded fund (ETF) that replicates and tracks the Standard & Poor’s (S&P) index. As such, this ETF allows investors…

Naked Access

A form of direct market access (DMA) that is characterized by highest level of independence, i.e., access does not require...

No-Brainer

A market (stock exchange) whose direction can be easily inferred, and therefore requires little analysis, if any. That is, most...

Smaller Reporting Company

According to Rule 12b-2 under the Exchange Act (United States), it is an issuer that is not an investment company,...

Limit Order Market

A market in which traders submit orders to either buy or sell a security/ commodity for a specific price and...

Hot Market

A market where the number of initial public offerings (IPOs) that were introduced in a given month is large, after...

Hot Market

In the context of real estate, a hot market does not imply the ability of sellers to get fast and...

Market Order

A type of order or bid that is submitted by investors who then pay at the offer price that will...

Niche Market

A subset of a larger market, where it (the niche) is characterized by its customers' unique preferences and needs that...

Pegged-To-Midpoint Order

An order that allows traders to target a price at the midpoint of the National Best Bid and Offer (NBBO),...