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Dark Order

An order (limit order) that is not revealed to the public- i.e., it is not displayed in the market system....

Non-Displayed Order

An order (limit order) that is not revealed to the public- i.e., it is not displayed in the market system....

Lit Order

An order that is displayed in an exchange's system and hence is visible to all market participants for their action....

Displayed Order

An order that is displayed in an exchange's system and hence is visible to all market participants for their action....

Primary Peg Order

An order that follows, and then is placed at, the best bid, when buying a security (a buy order), and...

Deal Flow

The rate of new deals that come in to the investment banking unit of a brokerage firm (broker), including proposals...

Price-Weighted Average

A method for calculating a stock market index whereby the investment in each component of a given market-representative portfolio is...

Profit Taking Correction

A market correction that results from investors' sales of securities to cash in on capital gains. This is usually the...

Plus Tick

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

Profit Taking

The sale of a stock after its price has rapidly risen in order to cash in on capital gains. Profit...