The tick size for a security trading on an exchange that meets the criteria of effectiveness. It is a ratio...

A ratio that measures the effective tick size (tick size) for a security trading on an exchange. It is calculated...

It stands for queue jumping; a practice by specific traders on an exchange who exploit sub-penny venues (SPVs) to post...

A practice by specific traders on an exchange who exploit sub-penny venues (SPVs) to post orders on a finer grid...

An acronym for sub-penny trading; a trading practice where brokers and dealers post orders in dark (invisible) venues and unregulated...

A trading practice where brokers and dealers post orders in dark (invisible) venues and unregulated markets in increments small than...

A peg (a pegged order) that has a floating execution price that is pegged to the movements of a midpoint...

A jargon term (coined in the early 1990s) that surfaced in the market in the aftermath of changing the minimum...

A jargon term (coined in the early 1990s) that surfaced in the market in the aftermath of changing the minimum...

A trading algorithm that pegs its "floating" execution price to the movements of a reference price. It enables traders to...