A speaker connected to a phone on a broker’s desk.
Squawk Box
Related Terms
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Forex brokers will quote you two different prices for a currency pair: the bid and ask price. The “bid” is the price at which you can SELL the base currency. The “ask” is the price at which you can...
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A binary option is a type of options contract in which the payout will depend entirely on the outcome of a “Yes or No?” or “True or False” proposition. Don’t be intimidated! Its name may sound complicated, but binary options are arguably a simpler way to trade than traditional options or currencies. Just like traditional […]
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An electronic desk or e-trading desk is a trading desk that generates continuous algorithmic price quotes for clients via different types of electronic trading venues and protocols.
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Slippage occurs when an order is filled at a price that is different from the requested price. The difference between the expected fill price and the actual fill price is the “slippage”. Whenever you are filled at a price different from the price requested, it’s called slippage. Slippage isn’t necessarily something that’s negative because any […]
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An electronic market maker is a firm that provides prices on electronic trading (e-trading) venues and continuously submits limit orders to buy or to sell. It provides liquidity to those traders...