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Accounting
Banking

Book

A list that is maintained by a specialist in order to track unfilled buy and sell orders. A specialist can…

ADV Order

It stands for average daily volume order; an order that aims to trade the average daily volume (ADV) in a...

ADTV

It stands for average daily trading volume; the average number of securities (e.g., shares) traded over a specific period of...

Average Daily Trading Volume

The average number of securities (e.g., shares) traded over a specific period of time (trading window). Average daily trading volume...

Average Daily Volume

The average number of securities (e.g., shares) traded over a specific period of time (trading window). Average daily volume (ADV)...

ADV

It stands for average daily volume; the average number of securities (e.g., shares) traded over a specific period of time...

Order Latency

The amount of time it takes an order to be executed. It is the time delay between the time an...

Latent Order

An order that lurks in a market (usually a dark market) awaiting execution as per the set instructions accompanying it....

Near-The-Quote Limit Order

A limit order (a buy order) that restricts the maximum price (payable) to a level a bit higher than the...

Order Cancellation

The removal of a previously placed order to buy or sell securities as demanded by a trader before it has...