A large trade that is intentionally publicized as an invitation to market participants to deal. Execution of the deal will...

A trading algo (algorithm) that combines displayed liquidity (lit liquidity) and non-displayed liquidity (dark liquidity) with aggressive and passive strategies....

A type of contingent order (contingent trade order) that only becomes active if another order (known as the primary order)...

A non-standard type of dividend that involves the distribution of promissory notes that entail some type of payment at a...

A secular market that is characterized by a very long downward trend. A secular downtrend combines the characteristics of both...

An order that rests in a venue (pool). It might be a dark order or a light order. Orders made...

In financial markets, it is the probability measure that depends on observation of market prices in the real life convext...

A close substitute for volume-weighted average price (VWAP) that is usually used in markets where tick-level data are unpublished or...

The ratio of the value of securities traded to the total volume traded over a given period of time (usually...

A trading algorithm that is used by electronic traders to target a specific order execution volume in line with the...