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Static Trade Scheduling Algorithm

A trade scheduling algorithm that involves a constant (static) trade schedule, once computed, throughout trading interval. Computation of trade schedule...

Automated Trading

The trading that involves the use of pre-programmed computers to look for potential trades and post orders on behalf of...

Whipsaw

A loss that results from a security making a sudden reversal immediately after a position is taken. The whipping action…

Book

A list that is maintained by a specialist in order to track unfilled buy and sell orders. A specialist can…

Beneficial Ownership

An ownership that is enjoyed by having a stake in a publicly-traded company (in the form of securities) or having…

Buttonwood Agreement On Wall Street

An agreement that was signed, in 1792, by 25 New York stockbrokers and merchants to establish an investment community that…

Algorithmic Trading

The trading that involves the use of pre-programmed computers to look for potential trades and post orders on behalf of...

Dealer

A sell-side trader who sells exchange services to buy-side firms (such as investment managers and institutional investors) in return for…

Dual Listed

A security that is traded on more than one exchange. For example, a Japanese company may list its shares in…

Dual Trading

A market activity that results from a floor broker or a brokerage firm executing trades on behalf of clients and…