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Definitions (61)
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ask/offer
The price at which someone is willing to sell a security.
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Bear Market
A declining market condition in which the prices of securities are falling.
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Best execution
The obligation of intermediaries to achieve the best possible result when executing customer orders.
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Bid
The price a buyer is willing to pay for a security.
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Bid offer spread
The difference between the bid and offer prices of a security.
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broker/dealer
An Exchange member firm, which provides advice and dealing services to the public and can deal on its own account.
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Bull Market
An advancing market condition in which the prices of securities are rising or expected to rise.
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Bull market
An advancing market condition in which the prices of securities are rising or expected to rise.
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Circuit breaker
A trading curb that occurs at a point which an individual stock, or in some cases an entire market, will stop trading for a period of time in response to substantial drops in value.
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Closing Price
The price at which a security closed for the end of trading on a given day.
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