A trade price that is lower than the immediately prior trade price. It constitutes a trade (tick) at a smaller...

An order (dark order) that is pegged to execute at the floating mid-point of the national best bid and offer...

An order (limit order) that is not revealed to the public- i.e., it is not displayed in the market system....

An order that is displayed in an exchange's system and hence is visible to all market participants for their action....

The rate of new deals that come in to the investment banking unit of a brokerage firm (broker), including proposals...

A market or market situation that is characterized by the existence of numerous, sizable bids and offers for a security....

It is short for discretionary peg; by definition, it is a type of non-displayed order that is pegged to the...

It stands for decision price; the price of a security (e.g., a stock) that drives the decision of a market...

The price of a security (e.g., a stock) that drives the decision of a market participant to sell or buy...

An exchange in which orders (trades) are made visible to the public. A displayed exchange reveals to traders order book...