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Proxy

A written document (power of attorney) whereby a shareholder authorizes someone else, typically another shareholder or the company's management, to...

Indirect Bucketing

A type of bucketing (order bucketing) that takes place when a brokerage firm (broker) takes a position on the other...

Closing Quote

The final bid and ask price that a market maker, or a specialist, states at the end of a trading...

Deep Market

A market or market situation that is characterized by the existence of numerous, sizable bids and offers for a security....

Clean Cross

A trade (cross) that involves a trader's execution of buy and sell orders that exactly match a customer's buy and...

Clean Trade

A trade that involves a trader's execution of buy and sell orders that exactly match a customer's buy and sell...

Close Market

A market situation that is characterized by a narrow bid-ask spread, i.e., a narrow, or narrowing, spread between the bid...

Closing Price

The last price at which a security has traded during a trading session. This price is reported by an exchange...

Close

Close has multiple meanings depending on context. In one context, it refers to the end of a trading session. It...

Short Interest

The amount of shares of stock that have been sold short and have not yet been delivered (i.e., repurchased to...