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Target Volume Strategies Order

An order that is sliced and executed in proportion to market volume and is not linked to a given price...

TVOL Order

It stands for target volume strategies order; an order that is sliced and executed in proportion to market volume and...

Third Market Maker

A third-party firm that stands ready to buy or sell exchange-listed stocks at publicly quoted prices, as opposed to market...

Twilight Pool

A market trading platform (pool) that is a middle ground between a dark pool and a light pool. The pool...

Turn-Round Rate

The total cost of a commodity transaction. It consists of all bid-ask spreads, exchange fees, the broker's commission (in a...

Tick

A change in the price of some tradable instrument (stock, bond, etc), index, or commodity. A tick is a measurement...

Tracking Stock

A stock that is issued by a company for the purpose of tracking performance of a specific division. Tracking stocks...

Targeted Stock

A stock that is issued by a company for the purpose of tracking performance of a specific division. Targeted stocks...

TWAP Algo

It stands for time-weighted average price algo; an algorithm (algo) that allows users of electronic trading to execute orders based...

TWAP Algorithm

It stands for time-weighted average price algorithm; an algorithm that allows users of electronic trading to execute orders based on...