A large trade that is intentionally publicized as an invitation to market participants to deal. Execution of the deal will...

A type of contingent order (contingent trade order) that only becomes active if another order (known as the primary order)...

An order that rests in a venue (pool). It might be a dark order or a light order. Orders made...

A directional strategy that is deployed by high frequency traders, both as providers and users of liquidity, in the lookout...

The process whereby an order searches all available venues for the best price (whether best bid or best offer). This...

An type of order or bid that is submitted by investors who then pay at the offer price that will...

The total commission costs for both sides of a trade: the sell order and the buy order. These costs are...

An execution order (specifically a tick-senstitive order) that triggers the purchase or sale of securities if the market moves down...

A trading algorithm that is used by electronic traders to execute orders at a constant participation rate in sync with...

A client order that is resident in the internal book of a broker/ dealer with a duplicate that has an...