The “Big Board” is a nickname for the New York Stock Exchange (NYSE). The NYSE is the largest stock exchange in the world, based on the total market capitalization of its listed companies. It is located at 11 Wall Street in Lower Manhattan, New York City. Which broker trading platform is best? There is no … Read more
A quote-driven market is a market in which prices are set by market-makers, who quote both a bid and ask price for each security. This type of market is also sometimes referred to as an order-driven market. In a quote-driven market, orders are matched between buyers and sellers by market-makers. Market-makers are typically large banks … Read more
NEX is a cryptocurrency trading platform that allows users to buy, sell, and trade digital assets. The platform is designed to be user-friendly and easy to use, with a variety of features that make it a great choice for those looking to get into the cryptocurrency market. NEX also offers a mobile app for trading … Read more
A Designated Market Maker (DMM) is a firm that is responsible for providing liquidity in a particular security or securities on an exchange. The DMM is typically the firm that buys and sells the security on behalf of its clients. The DMM is required to maintain a two-sided market in the security, meaning that they … Read more
The term “Deep Market” refers to a market that has a large number of participants and a high level of liquidity. A deep market is typically characterized by a large number of buyers and sellers, a high level of trading activity, and tight spreads. What is MT5 market depth? The MT5 market depth feature is … Read more
The Industry Classification Benchmark (ICB) is a globally recognized standard for categorizing companies by industry. It is used by a variety of market participants, including investment banks, asset managers, and research firms. The ICB is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. What sectors are in the Russell 2000? The … Read more
An electronic communication network (ECN) is a type of computerized forum or network that facilitates the trading of financial products outside of traditional stock exchanges. ECNs provide a platform for electronic trading of stocks, bonds, options, and other securities. ECNs are typically used by large institutional investors, such as banks and hedge funds, to trade … Read more
An entity trading account is a type of account that is used by businesses and other organizations to trade financial instruments. These accounts are often used by hedge funds, investment banks, and other financial institutions. Can a business have a Webull account? Yes, a business can have a Webull account. However, there are some restrictions … Read more
Definition, How They Work and Example. What are transaction costs? Transaction costs are fees charged by a financial institution for the services of conducting a transaction. These fees can include the costs of commission, exchange, and clearing. What is transaction cost theory in international business? Transaction cost theory (TCT) is a body of economic thought … Read more
The Over-the-Counter Bulletin Board (OTCBB) is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) securities. The OTCBB is operated by the Financial Industry Regulatory Authority (FINRA) and is considered to be an alternative trading system (ATS). It is different from other ATSs in that it is not … Read more
