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Halt Cross

An open and transparent process that aims to create a single price for halt resumptions (resumption of trading after a...

Market Reverse Peg Order

A market peg order that is tied to the opposite side of the best market quote (NBBO). A market reverse...

Reverse Peg Order

A market peg order that is tied to the opposite side of the best market quote (NBBO). A reverse peg...

PLO

An acronym for passive liquidity order; a non-displayed order that allows market participants to provide liquidity to the market without...

Passive Liquidity Order

A non-displayed order that allows market participants to provide liquidity to the market without publicly revealing their trading plans or...

Market Peg Order

An order whereby a trader can follow the best bid, when selling a security, and the best offer, when buying...

Accelerated Filer

A public company that meets a set of registration requirements at the end of its fiscal year in terms of...

Absorbed Issue

A new issue (initial public offering/ IPO) of securities (stock, bonds, etc) that an underwriter has entirely sold to public...

Automated Bond System

It designates the electronic bond trading system that is operated by the New York Stock Exchange (NYSE) and records bid...

Position Trading

A trading that involves an investor (called a position trader) taking a position in the market, on expectation of, or...