A trading algo (algorithm) that is used by electronic traders to execute orders at a constant participation rate in sync...

The process of filling (or executing) an order at a better price than the best market bid and offer (e.g.,...

An order that is not completely filled, i.e., it is partially executed. This means that only a part of the...

A trading order that rests for a while on a dark platform in search of large hidden orders. Ping orders are typically used to locate...

The process of sending out small orders to uncover the existence of large buyers or sellers (large bids or offers) in a matching engine/ venue (e.g., a dark...

A large block of shares that can be sliced by dividing it into smaller lots (known as the child orders) in execution of...

A trading order that remains in a designated venue for a single matching cycle and after completion of the cycle any unfilled portion will be routed...

A regulatory response to a state of extreme volatility in the market whereby policymakers require all trade prices to stick...