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

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

A consolidation of outstanding shares (authorized and issued shares) that is carried out by a company to cut down the...

A consolidation of outstanding shares (authorized and issued shares) that is carried out by a company to cut down the...

An exchange (venue) in which offers to trade are not disclosed to the public. Orders can be invisibly transmitted (and...

The period of time that lapses between an announcement of an initial public offering (IPO) and the moment the shares...

A measure of trading inefficiency- i.e., it measures the cost of trade implementation. For purchases (long positions), it is equal...

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

The cost that results from the inability or lack of action to immediately complete the trade of buying or selling...

The trading activities that take place after official trading hours- often contrary to exchange rules. In other words, this implies...