Filter by Categories
Accounting
Banking

Order Ticket

A form that is filled out by an account representative in which the instructions associated with a transaction (order). For...

Or Better

An instruction that is attached to an order that will be placed in the market, provided that the price is...

Order

An instruction to buy, sell, or short an investment (e.g., a share of stock, a bond, an option, etc.) defining...

Minimum Acceptable Quantity Order

A designation on an order that means at least a minimum amount of securities as compared to a full order size must be...

MAQ Order

An abbreviated form for minimum acceptable quantity order; a designation on an order that means at least a minimum amount of securities as compared to...

Conditional Order

Any type of order that is associated with a trigger condition (trigger point/points) in addition to the trading price, quantities and expiration...

Parent Order

A large block of shares that can be sliced by dividing it into smaller lots (known as the child orders) in execution of...

MOC Algo

A trading algorithm (algo) that targets the closing price, and hence the name “market-on-close (MOC) algo”. This algorithm allows electronic traders to capture the last...

Pass-Through Order

A trading order that remains in a designated venue for a single matching cycle and after completion of the cycle any unfilled portion will be routed...

Daily Price Limits

A regulatory response to a state of extreme volatility in the market whereby policymakers require all trade prices to stick...