BUY LIMIT ORDER
Order to acquire a security at or below a given price. It enables investors and traders to pay for a security. The investor is ensured to pay the security’s price or better using this order, but it means he should pay the fixed price or less for purchasing it. Filling the order is not guaranteed in buy limit order. Therefore, the order will not be executed if the specified price has not been met.
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Trade or Fade Rule
Options exchange rule introduced to eliminate trade troughs. The rule requires the market maker to match a better deal seen on another market or tr ...
A-B Split
This is a method commonly used to test if the marketing media or methods used are effective. When using A-B Split method in marketing, there will b ...
Cancellation
Notification by a broker advising his or her client that an incorrect exchange deal was conducted and that the activity is being pointed out. For e ...
Kicker Pattern
A two-bar candlestick pattern that signifies change in the direction of the market trend for the price of an asset. The pattern is composed of two ...
UFMI
Up-Front Mortgage Insurance (UFMI) is an insurance premium. It is usually collected at the time of the conception of the loan on Federal Housing Ad ...
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