bid-ask-spread
71Außerbörslicher Handel — Der außerbörsliche Handel, auch Freiverkehrs oder OTC Handel, bezeichnet finanzielle Transaktionen zwischen Marktteilnehmern, die nicht über die Börse abgewickelt werden. OTC steht dabei für den englischen Begriff „Over The Counter”, was mit… …
72Average Daily Float — 1. The dollar amount of checks or other negotiable instruments that are in the process of collection over a certain period, divided by the number of days in the period; or 2. The number of company shares that are actually outstanding and… …
73Digital Currency Exchanger - DCE — A market maker who exchanges legal tender for electronic currency, or who exchanges one electronic currency for another. A digital currency exchanger charges a commission for this type of transaction, with transactions often occurring through… …
74Exotic Currency — A foreign exchange term for a thinly traded currency. Exotic currencies are illiquid, lack market depth and trade at low volumes. Trading an exotic currency can be expensive, as the bid ask spread is usually large. Exotics are not considered… …
75Illiquid Option — An option contract that cannot be sold for cash quickly at the prevailing market price. Illiquid options have very low or no open interest. Most options are illiquid when they are far away from their expiration dates. If you re holding an… …
76Liquidity Risk — The risk stemming from the lack of marketability of an investment that cannot be bought or sold quickly enough to prevent or minimize a loss. Usually reflected in a wide bid ask spread or large price movements …
77Over-The-Counter Bulletin Board - OTCBB — A regulated electronic trading service offered by the National Association of Securities Dealers (NASD) that shows real time quotes, last sale prices and volume information for over the counter (OTC) equity securities. Companies listed on this… …
78Scalper — A person trading in the equities or options and futures market who holds a position for a very short period of time in an attempt to profit from the bid ask spread. A person who buys large quantities of in demand items, such as new electronics or …
79SOES Bandits — A slang term for traders who make rapid buy and sell orders, using the SOES system, in order to make a profit from small price changes. Since the SOES executes orders of 1000 shares or less immediately, an SOES bandit has a greater chance of… …
80Trading Book — The portfolio of financial instruments held by a brokerage or bank. The financial instruments in the trading book are purchased or sold to facilitate trading for their customers, to profit from spreads between the bid/ask spread, or to hedge… …
