It stands for average daily trading volume; the average number of securities (e.g., shares) traded over a specific period of...

It stands for average daily volume; the average number of securities (e.g., shares) traded over a specific period of time...

It stands for market best bid or best offer; the best bid or offer price on the simple order book...

It stands for name give-up; a practice where the identities of market participants (traders) are disclosed during post-trade processing (after...

It stands for effective spread over quoted spread; the ratio of the effective spread (share-weighted average of the execution price...

It stands for queue jumping; a practice by specific traders on an exchange who exploit sub-penny venues (SPVs) to post...

An acronym for sub-penny trading; a trading practice where brokers and dealers post orders in dark (invisible) venues and unregulated...

It stands for implementation shortfall; a measure of trading inefficiency- i.e., it measures the cost of trade implementation. For purchases...

It stands for would or work; a trading algorithm (algorithmic trading instrument or technique) that becomes very active and aggressive...

An abbreviation for lit market; a type of market or stock exchange setting (ECN) where the order book (e.g., securities...