An abbreviation for lit market; a type of market or stock exchange setting (ECN) where the order book (e.g., securities...
It stands for depth of market; a measure of the liquidity of a particular market or sector at a given...
An abbreviation for narrowed-based index (narrow-based indice); an index that is composed of securities that are meant to represent a...
An acronym for real time quote; a bid and ask price quotation that is streamed or published in the real...
It stands for crossing network; an alternative trading system (ATS) that electronically conducts a matching (crossing) process for buy and...
An abbreviation for contra midpoint only plus; an order that is priced at the midpoint of the protected national best...
A security that allows investors to buy and sell baskets of individual shares of stock in one transaction. The underlying...
It stands for buying on weakness; in general, it refers to buying assets of a firm or country by long...
It stands for smart order router; a coding mechanism that slices a trading order according to the rules set out...
It stands for minimum quote size; on the London Stock Exchange (LSE), it refers to the minimum number of shares...