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Blind Bid

An offer (bid) to buy a basket of stocks where the potential buyer does not know the component stocks. Blind...

Blind Brokerage

A brokerage that acts as principal and does not disclose names or identities of the contra parties to either side...

Blind Broker

A broker who acts as principal and does not disclose names or identities of the contra parties to either side...

Dark Platform

An electronic trading venue/ platform that is not required to provide to the public information like trade sizes prior to...

Dark Algo

A trading algo (algorithm) that searches for dark liquidity (non-displayed liquidity) in available dark pools through a given liquidity network....

Take-Up Instruction

A procedure in derivatives trading (part of allocation process) whereby a broker sends an instruction a custodian to take up...

Take-Up

A procedure in derivatives trading (part of allocation process) whereby a broker sends an instruction a custodian to take up...

Give-Up Instruction

A procedure in derivatives trading whereby a broker instructs the custodian to allocate a derivative trade to another account than...

Give-Up

A procedure in derivatives trading whereby a broker instructs the custodian to allocate a derivative trade to another account than...

Volatility Trading

Strategies which are designed to speculate or take a view on changes in market volatility rather than in market direction....