A specialized order by a customer instructing a broker to initiate execution only at the opening price of the trading...

A very bad investment/ project that wipes out all money expensed to establish it, while producing no sufficient profits to...

A market in which the bid and ask prices perfectly converge. In other words, a locked market occurs when one...

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

A futures market in which trading is halted because prices exceeded the exchange-defined daily limit. When a market is locked-limit,...

A source of liquidity that is available for trading inside the transparency and scrutiny of organized exchanges. They operate with...

A security that allows investors to buy and sell baskets of individual shares of stock in one transaction. The underlying...

A security that allows investors to buy and sell baskets of individual shares of stock in one transaction. The underlying...

A crossing network that only crosses block orders (institutional sized blocks, i.e., large institutional orders such as 10,000 shares). Retail...

A crossing network that belongs to a broker/ dealer which also privately operates it. Examples include investment banks, brokerages, universal...