Filter by Categories
Accounting
Banking

AP Algo

It stands for arrival price algorithm; a trading algo (trading algorithm) that is designed to minimize trading costs while achieving...

Arrival Price Algo

A trading algo (trading algorithm) that is designed to minimize trading costs while achieving the bid/ask midpoint price at the...

Arrival Price Algorithm

A trading algorithm that is designed to minimize trading costs while achieving the bid/ask midpoint price at the time the...

Open Outcry System

An old-fashioned trading system that involves verbal bids and offers, where member traders gather on the trading floor of an...

Order-Driven Market

A market in which orders placed by all traders are accumulated and crossed based on the rules of order precedence. These rules determine...

Slippage

The difference between the expected fill price and actual fill price of an order/ trade: Slippage = expected fill price...

Valium Picnic

An idiomatic term for a market holiday- that is, where all market activity comes to a halt for a day...

Valium Holiday

An idiomatic term for a market holiday- that is, where all market activity comes to a halt for a day...

Even Lot

An order to buy or sell a security (stock, bond, etc.) in a standard amount- i.e., a multiple of the...

Round Lot

An order to buy or sell a security (stock, bond, etc.) in a standard amount- i.e., a multiple of the...