An order that allows traders to target a price at the midpoint of the National Best Bid and Offer (NBBO),...

A type of brokerage (brokering) in which anonymity is maintained for both sides of a transaction/ deal/ order (buyer and...

A market that exists over the phones where brokers (known as voice brokers) negotiate transactions (such as over-the-counter derivatives deals)...

A broker who facilitates transactions between buy and sell sides and pass the names to both sides in order to...

The role that is assumed by a name-passing broker where quotes are supplied on request to counterparties to bilateral transactions...

It stands for name give-up; a practice where the identities of market participants (traders) are disclosed during post-trade processing (after...

A practice where the identities of market participants (traders) are disclosed during post-trade processing (after a trade has been matched)-...

A slippage that occurs when an order is executed at a less favorable (lower for a sell order, and higher...

A slippage that occurs when an order is executed at a more favorable (higher for a sell order, and lower...

The immediate or nearby time horizon of a market for a specific investment/ security, commodity, etc. Generally speaking, it is...