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Order-Driven Market

A market in which orders placed by all traders are accumulated and crossed based on the rules of order precedence. These rules determine...

Call Auction Market

An order-driven market in which orders are parked for execution at a single clearing price. The auction mechanism is based...

Batch Market

An order-driven market in which orders are parked for execution at a single clearing price. The auction mechanism is based...

Gaming The Quote

A type of gaming in which a trader (known as the gamer) executes small orders to manipulate the public exchange mid-quote that a crossing network uses to get a...

Trailing Stop

An order (specifically, a type of stop order) which has a trailing trigger/ trailing stop: the trigger price (stop price)...

TIF

It stands for time in force; an order that is time-bound: it comes with an instruction that limits the time...

Time Order

An order that is time-bound: it comes with an instruction that limits the time it should be placed and/ or...

Time In Force

An order that is time-bound: it comes with an instruction that limits the time it should be placed and/ or...

Even Lot

An order to buy or sell a security (stock, bond, etc.) in a standard amount- i.e., a multiple of the...

Round Lot

An order to buy or sell a security (stock, bond, etc.) in a standard amount- i.e., a multiple of the...