A season of the year during which the stock market exhibits strength. This reflects a seasonal surge in stock prices...

An algo (algorithm) that is used, in electronic trading, to manage the cost and risk of a single stock. A...

A metaphor (idiom) that describes a situation where orders in the lookout for contra flow may not find each other...

A jargon term for dual-listed company; by definition, it's a corporate structure that results from a merger in which both...

A corporate structure that results from a merger in which both companies remain incorporated independently. A dual-listed company (DLC) structure...

The ratio of odd-lot purchases to odd-lot sales: Odd-lot index = odd-lot purchases/ odd-lot sales Volume is typically expressed in...

The process of grouping large orders together rather than allocating these orders up front. In other words, it involves combining...

An abbreviation for odd-lot balance index; a market sentiment indicator that relates odd-lot sales to odd lot purchases: OLBI =...

The practice whereby a dealer positions a part of a customer block order in a proprietary account to use its...

A trade (buy or sell order) that flashes information from an exchange about incoming orders a fraction of a second...