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...

A market condition in which stocks are traded within a relatively flat range. That is, prices fluctuate around the average...

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

It is short for snap to midpoint order; an order in which the original order price is set based on...

An order in which the original order price is set based on the current bid-ask spread plus or minus an...

A type of non-displayed order that is pegged to the average of the National Best Bid (NBB) and National Best...