An acronym for passive liquidity order; a non-displayed order that allows market participants to provide liquidity to the market without...

A quote that reports best terms available for trades at the national level- i.e., the highest bid price and lowest...

It stands for national best bid and offer; a quote that reports best terms available for trades at the national...

A non-displayed order that allows market participants to provide liquidity to the market without publicly revealing their trading plans or...

An order whereby a trader can follow the best bid, when selling a security, and the best offer, when buying...

A widely held stock that is preferred by typical and institutional investors. It represents businesses with strong earnings growth and…

A class of securities that represents ownership interest in a publicly-held company and entitles a shareholder to vote on specific…

A provision in a company’s prospectus that spells out the number of common shares a holder of convertible securities will…

A subset of an exchange-traded fund (ETF) that is representative of the shares comprising the fund. ETFs shares are redeemed…

A nine-character numbering system that is used to identify companies and individual securities in the United States and Canada. More…