A broker that takes the contra-side (opposite side) of a deal or trade that another broker has already set up...

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

A brokerage firm that handles a customer's orders to buy and sell securities, and additionally maintains custody of the customer's...

A brokerage firm that handles a customer's orders to buy and sell securities, and additionally maintains custody of the customer's...

A quiet period of time that precedes the release of a new security or the window of time that follows...

An abbreviation for contra midpoint only plus; an order that is priced at the midpoint of the protected national best...

An order that is priced at the midpoint of the protected national best bid and offer (NBBO), while it is...

The final bid and ask price that a market maker, or a specialist, states at the end of a trading...

A trade (cross) that involves a trader's execution of buy and sell orders that exactly match a customer's buy and...

A trade that involves a trader's execution of buy and sell orders that exactly match a customer's buy and sell...