Patsy

What Is an Order Imbalance?

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An order imbalance occurs when there is an imbalance between the number of buy orders and sell orders in the market. This can happen for a number of reasons, but typically it is because there is more buying or selling pressure in the market than there are orders to fill that pressure. This can lead … Read more

When Issued (WI).

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The term “When Issued (WI)” refers to the period of time between the announcement of a security and its actual issuance. During this time, the security is said to be “when issued.” This period can last for a few days or even weeks. WI is commonly used for new issues of stock, bonds, and other … Read more