A limit order (a buy order) that restricts the maximum price (payable) to a level higher than the national best...

An contrarian index (a technical investment analysis tool) that simply reverses majority opinion as measured by recommendations of investment advisory...

A contrary index that is based on how optimistic investment agencies (e.g., brokerage firms, investment banks, etc) are in recommending...

It stands for implementation shortfall; a measure of trading inefficiency- i.e., it measures the cost of trade implementation. For purchases...

A parameter that is used and applied to orders and algorithms (trading algorithm) that defines a user's state of action...

A crossing network that is independent from exchanges and financial institutions. It is mainly held by public investors or which...

A type of bucketing (order bucketing) that takes place when a brokerage firm (broker) takes a position on the other...

A component of execution costs; in turn, impact cost consists of two components: bid-ask spread and price concession. It is...

A crossing network that only crosses block orders (institutional sized blocks, i.e., large institutional orders such as 10,000 shares). Retail...

A slang expression that describes a situation where market prices are dropping rapidly. Stock market commentators may say: "The stock...