A broker that takes the contra-side (opposite side) of a deal or trade that another broker has already set up...

The opposite side of an order (usually in relation to a block trade). Essentially, brokers or broker-dealers help market participants...

The opposite side of an order (usually in relation to a block trade). Essentially, brokers or broker-dealers help market participants...

A trading order that is not routed and will get cancelled if there enters a matching contra-order in the venue...