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

A market trading platform (pool) in which the quality of execution (toxicity) in a venue tends to be worse. This...

An order that rests in a venue (pool). It might be a dark order or a light order. Orders made...

The process whereby an order searches all available venues for the best price (whether best bid or best offer). This...

A trading order that is not routed and will get cancelled if there enters a matching contra-order in the venue...

An order (buy or sell order) that is placed in the market or a venue in advance of the public...

The process of sending out small orders to uncover the existence of large buyers or sellers (large bids or offers) in a matching engine/ venue (e.g., a dark...