The period of time that lapses between an announcement of an initial public offering (IPO) and the moment the shares...

A measure of trading inefficiency- i.e., it measures the cost of trade implementation. For purchases (long positions), it is equal...

A source of market liquidity that is visible to the broader market, and which reflects available trading volume (market depth)...

The cost that results from the inability or lack of action to immediately complete the trade of buying or selling...

A brokerage account whose holder is required to immediately make cash payments on purchases and deliveries on sales of securities,...

A brokerage account whose holder is required to immediately make cash payments on purchases and deliveries on sales of securities,...

It stands for over the counter; a non-physical market place where a widespread assembly of dealers (market makers) and their...

A non-physical market place where a widespread assembly of dealers (market makers) and their clients transact away from the premises...

The bidding that involves an offer to buy a basket of stocks where the potential buyer does not know the...

An offer (bid) to buy a basket of stocks where the potential buyer does not know the component stocks. Blind...