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Banking

Streaming Liquidity Pool

A dark pool that that does not place a minimum size (block size) for each order. It allows participants to...

Step-Up Order

An order (buy or sell order) that is placed in the market or a venue in advance of the public...

Scripophily

The trading of old securities certificates as collectors' items. Due to the specific nature of this trading, these certificates have...

On-Close Order

A specialized order that a customer places to a broker or an exchange, with the former specifying that the order...

At-The-Close Order

A specialized order that a customer places to a broker or an exchange, with the former specifying that the order...

Spoofing

An illegal practice that involves placing a quote that would be canceled prior to its execution. The happens when a...

Strobing

A type of spoofing that is carried out by rapidly placing and canceling an order (the same order) in order...

Single-Stock Algorithm

An algorithm that is used, in electronic trading, to manage the cost and risk of a single stock. A single-stock...

Bear Squeeze

A market situation that occurs when short sellers, panicked because of rising prices, attempt to buy back the shares they...

Listed Stock

A stock that is traded on a major or regional exchange (organized exchange) such as the New York Stock Exchange...