摘要: The action of completing or satisfying an order for a security or commodity. It is the basic act in transacting stocks, bonds or any other type of security.
For example, if a trader plac[阅读全文:]
摘要: A price quote on a security, made by a dealer or market maker, that guarantees a bid or ask price up to the amount quoted. This differs from a nominal quote wherein the price and quantity of a bid or [阅读全文:]
摘要:
A fixed dollar amount, generally in the context of fees or commissions paid for services. For transactions above a certain minimum size, flat dollar fees may be preferable to fees charged on a per[阅读全文:]
摘要: An employee of a member firm who executes trades on the exchange floor on behalf of the firm's clients.
Also known as a "pit broker".
Basically, floor brokers receive orders [阅读全文:]
摘要: Any subsequent trading that affects an established position in a security or derivative. Follow-up actions are taken to change the amount of exposure an investor has in a position, or to limit a strat[阅读全文:]
摘要: A Securities and Exchange Commission regulation that requires that investment companies price all of their buy and sell orders of fund shares according to the next net asset value (NAV). This valuatio[阅读全文:]
摘要: Located in Frankfurt, Germany, the FRA is one of the largest and most efficient trading facilities in the world. The FRA is one of the oldest exchanges in the world and posts several indices, such as [阅读全文:]
摘要: A method by which the market capitalization of an index's underlying companies is calculated. Free-float methodology market capitalization is calculated by taking the equity's price and multiplying [阅读全文:]
摘要: The European equivalent of the National Best Bid and Offer (NBBO). The EBBO refers to the current best prices available for selling or buying a trading instrument such as a stock. On any exchange, a s[阅读全文:]
摘要: A game-theory situation with several players. Similar to a prisoner’s dilemma, a diner’s dilemma occurs when several participants attempt to obtain the highest possible personal reward, bu[阅读全文:]