The over-the-counter portion of the stock market that provides a trading platform for companies that are not large enough or...

A form of direct market access (DMA) that is characterized by highest level of independence, i.e., access does not require...

It stands for smart order router; a coding mechanism that slices a trading order according to the rules set out...

An offer quotation on a security (stock) that is the best offer available in the market and is displayed by...

A bid quotation on a security (stock) that is the best bid available in the market and is displayed by...

An order-driven market in which orders are parked for execution at a single clearing price. The auction mechanism is based...

A cycle, in general, is a sequence of events or developments that repeat over time. In stock markets, a market...

A hypothesis that holds that investing in small firms (i.e., those with small market capitalization- hence dubbed: small caps) will,...

A short-dated contract or instrument is one with a maturity between three months and one year (or two years in...

An agreement to buy or sell an asset today, not in the future. That means the underlying (such as a...