It stands for when issued; a financial transaction that involves trading a security that has not yet been issued, but...

A financial transaction that involves trading a security that has not yet been issued, but rather is scheduled to be...

A ratio spread which is established in a given market and combined with a short or long position in an...

A collar is a protective options strategy that can be established by purchasing an out of the money put option...

The best bid or offer price on the simple order book on an exchange. The best price is usually associated...

It stands for market best bid or best offer; the best bid or offer price on the simple order book...

A peg (a pegged order) that has a floating execution price that is pegged to the movements of a midpoint...

A peg (a pegged order) that has a floating execution price that is pegged to the movements of a midpoint...

It stands for would or work; a trading algorithm (algorithmic trading instrument or technique) that becomes very active and aggressive...

A trading algorithm (algorithmic trading instrument or technique) that becomes very active and aggressive within a narrow, trader-defined range of...