A loss that results from a security making a sudden reversal immediately after a position is taken. The whipping action…

A list that is maintained by a specialist in order to track unfilled buy and sell orders. A specialist can…

An ownership that is enjoyed by having a stake in a publicly-traded company (in the form of securities) or having…

An agreement that was signed, in 1792, by 25 New York stockbrokers and merchants to establish an investment community that…

The trading that involves the use of pre-programmed computers to look for potential trades and post orders on behalf of...

An execution algorithm (trade executing algorithm) that slices large orders (institutional size orders)- i.e., parent orders- into a sequence of...

A sell-side trader who sells exchange services to buy-side firms (such as investment managers and institutional investors) in return for…

An institutional investor that invests money at its disposal. Examples include mutual funds, pension funds, endowments, trusts, insurers, hedge funds,…

A trader who buys exchange services from a sell-side trader (s). Examples of buy-side traders are individual investors and institutional…

The ratio of bullish responses (buy signals or messages) to bearish responses (sell signals or messages). Responses are also known...