The total cost of a commodity transaction. It consists of all bid-ask spreads, exchange fees, the broker's commission (in a...

A form of volume-weighted average price (VWAP) that excludes upstairs or block trades. Consequently, it is very important that a...

A peg order (midpoint peg order) that is used to peg the price to the less aggressive side of the...

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...

Going long the basis, or more specifically the purchase of a cash-market investment instrument such as cash bonds or index...

A crossing platform that handles flows from sell-side firms and highly sophisticated funds. Basically, it is run by a hedge...

A period of trading activity that precedes the start of the formal trading session. The before-the-bell or pre-market trading session...

A period of trading activity that precedes the start of the formal trading session. The before-the-bell or pre-market trading session...

A period of trading activity that precedes the start of the formal trading session. The before-the-bell or pre-market trading session...