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OPG TIF

It stands for open price gap time in force; an order qualifier that is used to direct orders to the...

Open Price Gap

The time of a trading session that marks its opening or reopening. It is an order qualifier, open price gap...

OPG

It stands for open price gap; the time of a trading session that marks its opening or reopening. It is...

PO

It stands for primary only (primary only order); a market order that is to be routed as a market-on-open order...

PO Order

It stands for primary only order; a market order that is to be routed as a market-on-open order (MOO) to...

Primary Only Order

A market order that is to be routed as a market-on-open order (MOO) to the primary market for participation in...

Super Principal Only Tranche

A tranche that constitutes a special class of principal only (PO) tranches embedded in a securitized product (e.g., CMOs) with...

Super PO Tranche

It stands for super principal only tranche; a tranche that constitutes a special class of principal only (PO) tranches embedded in...

ZC Tranche

It stands for zero-coupon tranche; an alternative term for principal only tranche; a tranche, part of an IO/ OP structure,...

Zero Coupon Tranche

An alternative term for principal only tranche; a tranche, part of an IO/ OP structure, that receives only the principal...