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DOM

It stands for depth of market; a measure of the liquidity of a particular market or sector at a given...

Depth of Market

A measure of the liquidity of a particular market or sector at a given point in time or during a...

Market Depth

A measure of how a market “stably” reacts to, and is able to absorb, relatively large market orders without any...

Price Impact Cost

A component of execution costs; in turn, price impact cost consists of two components: bid-ask spread and price concession. It...

Pre-Trade Transparency

A type of price or trading transparency that involves providing information about prices at which trades at certain volumes may...

Post-Trade Transparency

A type of price or trading transparency whereby a trading venue, out of its obligation, provides regulators and market participants...

List-Based Algorithm

A trading algorithm that maintains a list of candidate trades to scan for execution. A list-based algorithm can be schedule-based...

Pretrade Transparency

A type of price or trading transparency that involves providing information about prices at which trades at certain volumes may...

Displayed Liquidity

A source of market liquidity that is visible to the broader market, and which reflects available trading volume (market depth)...