LIMIT ORDER
An order entered by an investor through a broker or dealer to buy or sell shares or items at a set price or better. Also called resting order, it allows traders to cap the length of time an order can be unpaid before being cancelled. The remaining balance can be executed later, depending on the investor’s instructions. Sometimes, depending on the position movement, these are referred to more specifically as buy limit order or sell limit order. Limit orders are most useful on low-volume or highly volatile stock.
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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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