A component of execution costs; in turn, impact cost consists of two components: bid-ask spread and price concession. It is...

A crossing network that only crosses block orders (institutional sized blocks, i.e., large institutional orders such as 10,000 shares). Retail...

A slang expression that describes a situation where market prices are dropping rapidly. Stock market commentators may say: "The stock...

An electronic trading system that uses sophisticated algorithms to transmit orders in real time and optimally and automatically match buyers...

It stands for an electronic communication network; an electronic trading system that uses sophisticated algorithms to transmit orders in real...

A crossing network that is wholly or mostly owned by a stock exchange. By owning its crossing network, an exchange...

An issue of shares which is sold without conferring on the buyers/ holders the right to receive shares which may...

A situation in which the price of a security is on, or about to take, a declining trajectory because a...

A manipulative practice in which a trader enters a large sell order or a series of sell orders intending to...

A practice in which a broker pledges the same collateral, initially posted by a client, to a bank to collateralize...