ORDER BOOK
An electronic list of buy and sell orders for a specific security or financial instrument, organized by price level. The order book lists the number of shares being bid or offered at each price point, or market depth. It also identifies the market participants behind the buy and sell orders, although some choose to remain anonymous. The order book is dynamic and constantly updated in real time throughout the day. Exchanges such as Nasdaq refer to this order book as the "continuous book." Orders that specify execution only at market open or market are maintained separately. These are known as the "opening (order) book" and "closing (order) book," respectively.
POPULAR TERMS
Civil Service Retirement System - CSRS
System establishing the retirement, disability, and survivor benefits for certain Federal employees. The Federal Employees Retirement System (FERS) ...
Division of Corporate Finance
Branch of the Securities and Exchange Commission in the United States, which is responsible for ensuring investors will have the right level of inf ...
Big Board
Name given to the New York Stock Exchange. Being the oldest stock exchange in the United States and the biggest stock exchange in market capitaliza ...
Buy to Open
Describing the opening of a long position in option transactions. Used by several brokerages, opening the position is not held short in the account ...
Hart-Scott-Rodino Antitrust Improvements Act of 1976
A law passed by President Ford that requires large companies to file a report with the Federal Trade Commission and Department of Justice before co ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
Retirement Planning: Last-Minute Preparation
The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Mar | |
| 02:00 | ANZ Business Confidence | Mar | |
| 02:30 | Private Sector Credit | Feb | |
| 03:30 | PMI Manufacturing | Mar | |
| 03:30 | Non-Manufacturing PMI | Mar | |
| 07:00 | Housing Starts | Feb | |
| 08:00 | Retail Sales | Feb | |
| 08:00 | Import Price Index | Feb | |
| 10:30 | Mortgage Approvals | Feb |
