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Contra Period

In relation to contra trading, it refers to the period of time (grace period) within which traders do not need...

Contra Liquidity

The opposite side of a trade (usually in relation to a block trade). Essentially, brokers or broker-dealers help market participants...

Marketable Limit Order

A limit order that the broker (or exchange) can execute immediately when it is submitted by a trader (buyer or...

Targeted Stock

A stock that is issued by a company for the purpose of tracking performance of a specific division. Targeted stocks...

Bunched Order

An order (buy or sell order) that is executed by a commodity pool operator or an advisory firm on behalf...

Bearish Bias

A market bias in which the majority of investors perceive the broader market to be in an downtrend. This represents...

Bullish Bias

A market bias in which the majority of investors perceive the broader market to be in an uptrend. This represents...

Basket Algorithm

A trading algorithm that is used by electronic traders to execute orders on a basket of securities simultaneously (i.e., optimized...

Bunched Trade

A trade that combines a number of smaller orders or orders having customized sizes into a single order. It is...

Price Concession

The discount that is demanded by a buyer of a large block of stock from the seller as compensation for...