A settlement agent is an entity that is responsible for the final delivery of securities to the rightful owner. The settlement agent is typically a bank or other financial institution that holds the securities in an account on behalf of the buyer until the transaction is complete. What is the difference between DVP and RVP? … Read more
The term “On Balance” refers to the state of the market where there is an equal number of buyers and sellers. This can also be referred to as a “neutral” market. In a market that is on balance, there is no clear direction as the number of buyers and sellers are evenly matched. This can … Read more
Profit-taking is the act of selling a security that has risen in price in order to lock in profits. Profit-taking can be done by individuals or by institutions. When profit-taking occurs, it can cause a sharp drop in price as demand for the security declines. Profit-taking is a common occurrence in the stock market and … Read more
A conditional order is an order to buy or sell a security that is only executed if the specified condition is met. For example, a conditional order to buy shares of XYZ stock might only be executed if the stock’s price falls below $10 per share. Conditional orders are often used by traders to automatically … Read more
A not-held order is an order placed with a broker that is not required to be executed at a specific price, but rather at the best price the broker can obtain. Not-held orders are typically used when the investor is not concerned about getting the best possible price for the security, but is more concerned … Read more
The “Do Not Reduce (DNR)” order type is a limit order that allows the investor to specify a price at which they are willing to buy or sell a security, without specifying a time frame. This order type is often used by investors who want to buy or sell a security, but are not concerned … Read more
EDGX Definition: EDGX is a U.S. stock exchange operated by CBOE Global Markets. It trades mostly growth and technology stocks. What is Taq NYSE? The NYSE Taq (Trade and Quote) database is a direct feed from the New York Stock Exchange that includes all trades and quotes for NYSE-listed securities. The NYSE Taq database is … Read more
An all-or-none (AON) order is an order to buy or sell a security that must be executed in its entirety, or not at all. This type of order is often used by investors who do not want to partial fill their order. For example, an investor places an all-or-none order to buy 1,000 shares of … Read more
A quotation is an order to buy or sell a security at a specified price. A quotation may be either a bid, an offer, or a bid and offer combined. What are technical trades? There are many different types of technical trades, but they all involve making decisions based on technical analysis rather than fundamental … Read more
A scale order is an order to buy or sell a security at successive price levels. A scale buy order specifies the minimum price at which the order can be filled and the maximum price at which the order can be filled. A scale sell order specifies the maximum price at which the order can … Read more
