An order that is posted for execution only during the same trading day or session in which is submitted to...

Contrary to a streaming quote/ real time quote, it is a quote for a tradable security (e.g., a stock) that...

A firm or individual (broker/ stockbroker) that facilitates securities trading at reduced costs (a discount) compared to a full-service broker....

The trading volume that occurs on downticks. In other words, it refers to the trading volume when stock prices decrease,...

A firm (brokerage/ stockbroker) that facilitates securities trading at reduced costs (a discount) compared to a full-service broker. However, its...

A trade price that is lower than the immediately prior trade price. It constitutes a trade (tick) at a smaller...

In the context of trading, a leg is a single position taken in a transaction. If a trader buys 100...

A trade price that is lower than the immediately prior trade price. It constitutes a trade (tick) at a smaller...

The percentages that are deducted from the market value of securities, but not of exempted securities, in long or short...

A situation that is characterized by a rush by borrowers to get their collateral back from broker-dealers (the lenders). Such...