Filter by Categories
Accounting
Banking

CMO

It stands for contra midpoint only; a non-displayed order type that is priced at the midpoint between the best bid...

QE

A form of financing that has the characteristics of both debt and equity, and hence appears as a distinct element...

QE Instrument

An instrument that possesses and exhibits the features of quasi-equity (QE)- that is, the features (certain features) of both equity...

GAPP Futures

It stands for gas-at-the-pump futures. It is a futures contract in which the underlying is the retail price of gasoline.…

FMAN Option Cycle

A common option cycle which constitutes a series of option contracts that have the same terms and features and expire…

Passive Liquidity Select Order

A passive liquidity order (PL order/ PLO) that is, once entered, it will not interact with an incoming order that...

PL Select Order

It stands for passive liquidity select order; a passive liquidity order (PL order/ PLO) that is, once entered, it will...

PL Order

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

PLO

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

NBBO

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