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TWAP Algorithm

It stands for time-weighted average price algorithm; an algorithm that allows users of electronic trading to execute orders based on...

Time-Weighted Average Price Algorithm

An algorithm that allows users of electronic trading to execute orders based on a constant participation rate through the period...

Liquidity Ratio

An accounting ratio that relates an entity's current assets, liquid assets, or highly liquid assets (absolute liquid assets) to its...

Liquidity Risk

Broadly speaking, it is the risk that losses may be incurred due to difficulty converting assets into money. More specifically,...

Run Problem

The problem (bank run) that a bank encounters when all or majority of clients rush to claim back their deposits....

Bank Run

A situation that arises when all depositors or a majority of depositors demand their money at the same time, or...

Liquidity Run

A situation that a bank or financial institution faces when its liquidity drops down due to an irregular increase in...

Stale Price Bias

A bias (distortion) that results from a lack of liquidity and a lack of marking to market value. This bias is caused by...

Liquid Certificate of Deposit

A certificate of deposit (CD) that allow its holder to withdraw his/ her money before its maturity date (end of its term)...

Liquid CD

A certificate of deposit (CD) that allow its holder to withdraw his/ her money before its maturity date (end of its term)...