Iceberg Order Definition.

An iceberg order is a type of order that is used to buy or sell a large quantity of a security without revealing the full order size. This type of order is typically used by institutional investors or high-frequency traders who want to hide their true intentions from the market. Iceberg orders are placed with … Read more

Good ‘Til Canceled (GTC) Definition.

“Good ‘Til Canceled (GTC) Definition” A Good ‘Til Canceled (GTC) order is an order to buy or sell a security that remains in effect until the order is executed or canceled. GTC orders are often used by investors who want to buy or sell a security as soon as it becomes available, but are willing … Read more

What Is an End of Day Order?

An end of day order is an order that is placed at the end of the trading day, typically just before the market close. This type of order allows traders to take advantage of any last minute price movements that may occur before the market closes. End of day orders can be placed for both … Read more

At-the-Close Order Definition.

An at-the-close order is an order to buy or sell a security at the end of the trading day. This type of order is typically used by investors who want to ensure that their trade is executed at the end of the day, regardless of the day’s price movements. At-the-close orders are typically placed through … Read more

Contingency Order Definition.

A contingency order is an order that is only executed if a specific condition is met. For example, a common type of contingency order is a “stop-loss” order, which is an order to sell a security when it reaches a certain price. Contingency orders can be used to limit losses or to take advantage of … Read more

Shelf Offering Definition.

A shelf offering is an offering of securities that is not registered with the Securities and Exchange Commission (SEC), which allows the issuer to sell the securities over a period of time without having to go through the registration process each time. The issuer must file a shelf registration statement with the SEC before the … Read more

What Is a Basket Trade?

A basket trade is an order to buy or sell a group of securities simultaneously. Basket trades are often used by institutional investors, such as mutual funds, to execute a large number of trades at once. For example, a mutual fund might want to buy shares of 100 different companies. Rather than placing 100 separate … Read more