The buy side of the trading industry consists of investors (both individual and institutional, mutual funds, trusts, insurance funds, pension...

The sell side of the trading industry consists of dealers and brokers who provide exchange services to the buy side....

The volume-weighted average price (VWAP) is the dollar amount traded for every securities transaction divided by the total number of...

The volume-weighted average price (VWAP) is the dollar amount traded for every securities transaction divided by the total number of...

The delay cost results from the inability or lack of action to immediately complete the trade of buying or selling...

The quoted bid-ask spread is the difference between a market maker's (a dealer's) ask and bid price quotes at a...

The volume-weighted average price (VWAP) is the dollar amount traded for every securities transaction divided by the total number of...

The implementation shortfall is a measure of the cost of trade implementation. It is a type of friction costs as...

Implementation shortfall (IS) is defined as a measure of trading inefficiency- i.e., it measures the cost of trade implementation. For...

A handle (root price or big figure quote) is the whole dollar portion of a price or a quotation. More...