An order that is submitted by a bidder (individual or institutional investor) to an underwriter, in an initial public offering...
A firm quote (aka, bona fide quote) that will be firm (i.e., be holding) for a specified period, usually an...
A firm quote (aka, bona fide quote) that will be firm (i.e., be holding) for a specified period, usually an...
It stands for order imbalance; a situation that arises when an exchange adjusts its quotes in the opposite direction of...
A situation that arises when an exchange adjusts its quotes in the opposite direction of arriving trades. This instigates a...
The number of orders in the order book of a security that come up immediately after the auction. Each exchange...
A crossing network (CN) that receives and directs confidential bids and offers into the pool where all are held until…
A matching model for crossing networks whereby orders are continuously executed whenever there is a matching order in the market.…
A type of dark pools whereby orders are continuously executed whenever there is a matching order in the market. In…
A crossing network (CN) that receives and directs confidential bids and offers into the pool where all are held until…