A trading order that is entered by market participants via computerized market systems (screen trading) as a bid or offer...

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

A crossing network that only crosses block orders (institutional sized blocks, i.e., large institutional orders such as 10,000 shares). Retail...

A source of market liquidity that is visible to the broader market, and which reflects available trading volume (market depth)...

A source of market liquidity that is created through dark pools (dark liquidity pools) or black pools (black liquidity pools)....

The process of sending out small orders to uncover the existence of large buyers or sellers (large bids or offers) in a matching engine/ venue (e.g., a dark...