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When Issued Market

A market that deals with would-be-issued (when-issued) securities, for which transactions would be settled if and when the security is...

WI

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

When Issued

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

Turtle Trade

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

Collar Trade

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

Market Best Bid or Best Offer

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

MBBO

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

Mid-Point Order

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

Midpoint Order

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

WoW

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