The process of filling (or executing) an order at a better price than the best market bid and offer (e.g.,...
The rate at which orders are filled or executed by a given exchange/ venue at a specific time or within...
An order that is not completely filled, i.e., it is partially executed. This means that only a part of the...
A form that is filled out by an account representative in which the instructions associated with a transaction (order). For...
A position that is taken in the market and still active (not closed). This involves an investment (e.g., a share...
An instruction that is attached to an order that will be placed in the market, provided that the price is...
An instruction to buy, sell, or short an investment (e.g., a share of stock, a bond, an option, etc.) defining...
A designation on an order that means at least a minimum amount of securities as compared to a full order size must be...
An abbreviated form for minimum acceptable quantity order; a designation on an order that means at least a minimum amount of securities as compared to...
A trading order that has not been executed. This order remains in the system (books of a broker) until it is...