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6 August 2026
- 23:3823:38, 6 August 2026 SPDR index (hist | edit) [7,385 bytes] WikiSysopIG (talk | contribs) (Created page with "'''SPDR index''' is a financial market index designed to measure the performance of a group of securities tracked by one or more SPDR exchange-traded funds (ETFs). SPDR indices serve as benchmarks for investment products that seek to replicate the performance of specified market segments, sectors, asset classes, or investment strategies. They are generally constructed using transparent, rules-based methodologies that define constituent e...") Tag: Visual edit
- 23:3623:36, 6 August 2026 Value investing (hist | edit) [7,342 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Value investing''' is an investment strategy that seeks to identify and purchase securities trading below their estimated intrinsic value. The strategy is based on the principle that financial markets may periodically misprice securities, creating opportunities for investors to acquire fundamentally strong companies at prices below their long-term worth. Value investors typically analyze a company's financial statements, earnings, assets, cash flows, competitive p...") Tag: Visual edit
- 23:3623:36, 6 August 2026 Retained earnings (hist | edit) [7,545 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Retained earnings''' are the cumulative portion of a company's net earnings that has been retained within the business rather than distributed to shareholders as dividends. Retained earnings represent the accumulated profits or losses of a company since its incorporation, adjusted for dividend distributions and certain accounting adjustments. They form a component of shareholders' equity on the balance sheet and serve as an important source of interna...") Tag: Visual edit
- 23:3423:34, 6 August 2026 Dividend payout ratio (hist | edit) [7,278 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Dividend payout ratio''' is a financial ratio that measures the proportion of a company's net earnings distributed to shareholders as dividends during a specified accounting period. It indicates the percentage of earnings paid to shareholders rather than retained by the company for reinvestment, debt reduction, or other corporate purposes. The dividend payout ratio is widely used by investors, financial analysts, and corporate managers to evaluate a company's divi...") Tag: Visual edit
- 23:3223:32, 6 August 2026 Dividend yield (hist | edit) [7,303 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Dividend yield''' is a financial ratio that measures the annual cash dividend paid by a company relative to its current market price per share. It indicates the percentage return an investor receives from dividends alone, excluding any capital appreciation or depreciation in the share price. Dividend yield is widely used by investors to evaluate the income-generating potential of dividend-paying securities and to compare the relative attractiveness of investment o...") Tag: Visual edit
- 23:3023:30, 6 August 2026 Capital gain (hist | edit) [7,628 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Capital gain''' is the increase in the value of a capital asset resulting from its sale or disposal at a price higher than its acquisition cost. The gain represents the difference between the selling price and the asset's cost basis, excluding transaction costs unless otherwise specified under applicable tax laws. Capital gains may arise from the sale of financial assets such as stocks, bonds, mutual funds, exchange-traded funds, real estate, commodities, or other...") Tag: Visual edit
- 23:2923:29, 6 August 2026 Dividend (hist | edit) [7,937 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Dividend''' is a distribution of a portion of a company's earnings or reserves to its shareholders, typically in the form of cash, additional shares, or other assets. Dividends represent a return on investment for shareholders and are usually declared by a company's board of directors. The amount, timing, and frequency of dividend payments depend on the company's financial performance, profitability, cash flow, capital requirements, and dividend policy. Companies...") Tag: Visual edit
- 23:2823:28, 6 August 2026 Gross total return index (hist | edit) [7,844 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Gross total return index''' ('''GTR index''') is a financial market index that measures the performance of its constituent securities by combining changes in market prices with the reinvestment of all cash dividends before the deduction of withholding taxes. Unlike a Price return index, which measures only capital appreciation or depreciation, a gross total return index assumes that the full amount of every dividend is immediately reinvested into the index por...") Tag: Visual edit
- 23:2623:26, 6 August 2026 Net total return index (hist | edit) [8,086 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Net total return index''' ('''NTR index''') is a financial market index that measures the performance of its constituent securities by combining changes in market prices with the reinvestment of dividends after deducting the applicable withholding taxes. Unlike a Price return index, which reflects only price movements, a net total return index incorporates both capital appreciation and the reinvestment of net dividend income, thereby providing a more comprehen...") Tag: Visual edit
- 23:2523:25, 6 August 2026 Price return index (hist | edit) [7,358 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Price return index''' ('''PRI''') is a stock market index that measures the performance of its constituent securities based solely on changes in their market prices. A price return index excludes the effect of cash distributions such as dividends, interest payments, or other income generated by the constituent securities. Consequently, the index reflects only capital appreciation or depreciation resulting from movements in security prices. Price return indices ar...") Tag: Visual edit
- 23:2323:23, 6 August 2026 Corporate action adjustment (hist | edit) [8,264 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Corporate action adjustment''' is the process of modifying the calculation of a financial market index, security price series, or investment portfolio to neutralize the effects of corporate actions that change the structure of a company's securities without representing genuine market performance. These adjustments ensure continuity, comparability, and consistency by preventing events such as stock splits, bonus issues, rights offerings, mergers, spin-offs, and sp...") Tag: Visual edit
- 23:2223:22, 6 August 2026 Index divisor (hist | edit) [8,078 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Index divisor''' is a mathematical value used in the calculation of financial market indices to convert the aggregate value of an index's constituent securities into the published index level. The divisor serves as a scaling factor that ensures continuity of an index over time by preventing non-market events, such as corporate action adjustments, index rebalancing, or index reconstitution, from creating artificial changes in...") Tag: Visual edit
- 23:2023:20, 6 August 2026 Index mathematics methodology (hist | edit) [9,151 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Index mathematics methodology''' is the mathematical framework used to calculate, maintain, and adjust financial market indices. It comprises the formulas, weighting schemes, divisor calculations, adjustment procedures, and computational rules that determine index values over time. Index mathematics methodology ensures that an index accurately reflects changes in the value of its constituent securities while maintaining continuity across corporate actions, index r...") Tag: Visual edit
- 23:1323:13, 6 August 2026 Over-the-counter market (hist | edit) [8,653 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Over-the-counter market''' ('''OTC market''') is a decentralized financial market in which securities, derivatives, currencies, commodities, and other financial instruments are traded directly between two parties rather than through a centralized stock exchange. Transactions in an over-the-counter market are typically conducted through networks of broker-dealers, financial institutions, electronic trading platforms, or other market participants who negotiate p...") Tag: Visual edit
- 23:1323:13, 6 August 2026 Securities market (hist | edit) [8,428 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Securities market''' is a financial market in which securities such as stocks, bonds, exchange-traded funds, derivatives, and other financial instruments are issued, bought, and sold. Securities markets facilitate the transfer of capital between investors and issuers by providing organized platforms through which businesses, governments, and other entities raise funds, while enabling investors to purchase, sell, and trade financial assets. They constitute a fundamenta...") Tag: Visual edit
- 13:0913:09, 6 August 2026 Supply chain management (hist | edit) [9,257 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Supply chain management''' ('''SCM''') is the integrated planning, coordination, and management of the flow of goods, services, information, and financial resources from the procurement of raw materials to the delivery of finished products to end consumers. It encompasses the design, operation, and continuous improvement of supply chain activities, including sourcing, production, inventory management, transportation, warehousing, distribution, and customer service...") Tag: Visual edit
- 13:0813:08, 6 August 2026 Linear programming (hist | edit) [7,972 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Linear programming''' ('''LP''') is a mathematical optimization technique used to determine the best possible outcome from a set of linear relationships subject to specified constraints. It seeks to maximize or minimize a linear objective function while satisfying a system of linear equations or inequalities representing resource limitations, operational requirements, or other restrictions. Linear programming is one of the most widely used methods in Operations...") Tag: Visual edit
- 13:0613:06, 6 August 2026 Transportation model (hist | edit) [8,185 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Transportation model''' is a mathematical optimization model used to determine the most efficient method of transporting goods or resources from multiple sources to multiple destinations while minimizing total transportation cost or maximizing overall efficiency. It is a specialized form of Linear programming that allocates shipments between supply locations and demand locations subject to capacity and demand constraints. The transportation model is one of the...") Tag: Visual edit
- 13:0513:05, 6 August 2026 Risk management (hist | edit) [9,038 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Risk management''' is the systematic process of identifying, assessing, monitoring, and controlling risks that may affect the achievement of financial, operational, or strategic objectives. In finance, risk management involves the use of policies, analytical techniques, financial instruments, and organizational controls to reduce the probability or impact of adverse events while supporting informed decision-making. It is a fundamental discipline in banking, invest...") Tag: Visual edit
- 13:0413:04, 6 August 2026 Portfolio margin methodology (hist | edit) [8,527 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Portfolio margin methodology''' is a risk-based margining approach used by clearing organizations, broker-dealers, and financial institutions to determine the amount of collateral required for a portfolio of financial instruments. Unlike traditional margin methodologies, which calculate margin requirements separately for each individual position, portfolio margin methodology evaluates the overall risk of the entire portfolio by considering the relationships, corre...") Tag: Visual edit
- 12:5412:54, 6 August 2026 Payment system (hist | edit) [9,105 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Payment system''' is a financial infrastructure that facilitates the transfer of funds between individuals, businesses, financial institutions, and governments in order to settle financial obligations. A payment system comprises the institutions, legal framework, operational procedures, communication networks, and technological infrastructure that enable the secure, efficient, and reliable movement of money within an economy. Payment systems are fundamental to the...") Tag: Visual edit
- 12:5312:53, 6 August 2026 Financial market infrastructure (hist | edit) [9,595 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Financial market infrastructure''' ('''FMI''') comprises the institutions, systems, rules, and operational arrangements that facilitate the clearing, settlement, recording, and transfer of financial transactions. Financial market infrastructures provide the essential framework through which financial markets operate efficiently, enabling the secure exchange of securities, funds, derivatives, and other financial instruments while managing financial and operational...") Tag: Visual edit
- 12:4212:42, 6 August 2026 Settlement (finance) (hist | edit) [9,123 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Settlement (finance)''' is the final stage of a financial transaction in which securities, funds, or other financial assets are exchanged between the parties, completing their contractual obligations. Settlement occurs after a trade has been executed and the clearing process has verified the transaction and determined the obligations of each participant. Once settlement has been completed, ownership of the financial asset and the correspondi...") Tag: Visual edit
- 12:3712:37, 6 August 2026 Clearing (finance) (hist | edit) [8,610 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Clearing (finance)''' is the post-trade process through which financial transactions are verified, matched, confirmed, and prepared for settlement. It occurs after a trade has been executed but before the final exchange of securities and funds. During the clearing process, the rights and obligations of buyers and sellers are determined, counterparty exposures are managed, settlement instructions are generated, and the financial obligations of each participant are...") Tag: Visual edit
- 12:3512:35, 6 August 2026 Central securities depository (hist | edit) [8,635 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Central securities depository''' ('''CSD''') is a specialized financial market infrastructure that provides centralized custody, safekeeping, administration, and settlement services for securities. A central securities depository maintains electronic records of securities ownership, facilitates the transfer of securities between market participants, and supports the settlement of financial transactions through secure and standardized post-trade processes. CSDs pla...") Tag: Visual edit
- 12:3312:33, 6 August 2026 Central counterparty (hist | edit) [8,341 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Central counterparty''' ('''CCP''') is a financial market infrastructure that interposes itself between the buyer and the seller of a financial transaction, becoming the buyer to every seller and the seller to every buyer. By assuming the contractual obligations of both parties after a trade has been executed, a central counterparty reduces counterparty credit risk, improves settlement efficiency, and promotes the stability of financial markets. CCPs are widely us...") Tag: Visual edit
- 12:3112:31, 6 August 2026 Delivery versus payment (hist | edit) [8,381 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Delivery versus payment''' ('''DvP''') is a securities settlement mechanism in which the transfer of securities from the seller to the buyer occurs simultaneously with the transfer of payment from the buyer to the seller. Under a delivery versus payment system, neither the securities nor the funds are transferred unless both sides of the transaction can be completed at the same time. This mechanism substantially reduces settlement risk, particularly '''princip...") Tag: Visual edit
- 12:3012:30, 6 August 2026 Settlement risk (hist | edit) [9,651 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Settlement risk''' is the risk that one party to a financial transaction fails to fulfill its contractual obligations after the other party has already performed its part of the agreement. It arises during the period between the execution of a trade and its final settlement, when securities, funds, or other financial assets are scheduled to be exchanged. Settlement risk is one of the principal risks associated with post-trade processing and is a key consideration...") Tag: Visual edit
- 12:2912:29, 6 August 2026 Cash settlement cycle (hist | edit) [7,914 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Cash settlement cycle''' is the period between the execution of a financial transaction and the final transfer of funds between the parties involved. It defines the number of business days required for the buyer to make payment and for the seller to receive funds following the execution of a trade. The cash settlement cycle is an essential component of post-trade processing and operates alongside the securities settlement cycle to ensure the timely and secure...") Tag: Visual edit
- 12:2812:28, 6 August 2026 Securities settlement cycle (hist | edit) [8,055 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Securities settlement cycle''' is the period between the execution of a securities transaction and the final exchange of securities and funds between the buyer and the seller. It defines the number of business days required to complete the settlement process after a trade has been executed on a stock exchange or other trading venue. During the settlement cycle, financial institutions perform trade confirmation, clearing, calculation of s...") Tag: Visual edit
- 12:2712:27, 6 August 2026 Gross settlement system (hist | edit) [8,266 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Gross settlement system''' is a securities or payment settlement mechanism in which each financial transaction is settled individually without being offset against other transactions. Under a gross settlement system, every transfer of securities or funds is processed separately and in full, regardless of the number of transactions between the same participants. This differs from a Net settlement system, where multiple obligations are offset before settlement s...") Tag: Visual edit
- 12:1012:10, 6 August 2026 Net settlement system (hist | edit) [7,482 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Net settlement system''' is a securities or payment settlement mechanism in which multiple financial obligations between participants are aggregated and offset against one another so that only the resulting '''net''' amount of securities or funds is transferred at settlement. Instead of settling every transaction individually on a gross basis, a net settlement system calculates each participant's overall net debit or net credit position and settles only those net...") Tag: Visual edit
- 12:0812:08, 6 August 2026 Retail liquidity program (hist | edit) [7,618 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Retail liquidity program''' ('''RLP''') is a market structure program operated by a securities exchange or regulated trading venue that provides retail investors with opportunities to receive price improvement on eligible orders through participation by designated liquidity providers. Under a retail liquidity program, qualifying retail orders may be executed at prices that are more favorable than the publicly displayed best bid or best ask, thereby reducing tradin...") Tag: Visual edit
- 12:0512:05, 6 August 2026 Reserve order (hist | edit) [8,483 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Reserve order''' is a type of Limit order in which only a specified portion of the total order quantity is displayed in the public order book, while the remaining quantity is kept hidden and automatically released for execution as the displayed portion is filled. Reserve orders enable investors to execute large transactions while reducing market impact, minimizing information leakage, and preserving trading anonymity. They are widely used in modern electro...") Tag: Visual edit
- 12:0412:04, 6 August 2026 Primary peg (hist | edit) [7,515 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Primary peg''' is a type of Pegged order whose price is automatically linked to the best quotation on the same side of the market. A primary peg buy order continuously tracks the highest current bid price, while a primary peg sell order continuously tracks the lowest current ask price. As market quotations change, the trading system automatically adjusts the order's price to remain aligned with the prevailing best quotation, subject to any price limits or exch...") Tag: Visual edit
- 11:5911:59, 6 August 2026 Midpoint peg (hist | edit) [8,186 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Midpoint peg''' is a type of Pegged order whose execution price is automatically linked to the midpoint between the current best bid and best ask prices in a financial market. Instead of using a fixed price, a midpoint peg continuously adjusts to changes in the bid-ask spread, allowing the order to remain priced at the midpoint of the prevailing market quotation. Midpoint peg orders are widely used in dark pools, Alternative trading system|...") Tag: Visual edit
- 11:5711:57, 6 August 2026 Pegged order (hist | edit) [8,491 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Pegged order''' is a type of trading order whose execution price is automatically adjusted according to a specified reference price or market benchmark. Instead of maintaining a fixed price like a conventional Limit order, a pegged order dynamically follows changes in the reference price, allowing the order to remain competitive as market conditions evolve. Pegged orders are widely used in modern electronic securities markets to improve execution efficiency, r...") Tag: Visual edit
- 11:5611:56, 6 August 2026 Sweep order (hist | edit) [8,225 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Sweep order''' is a specialized securities trading order that automatically searches multiple price levels, trading venues, or liquidity sources to execute a transaction as quickly as possible while obtaining the best available prices. Rather than waiting for liquidity to accumulate at a single price or exchange, a sweep order simultaneously or sequentially "sweeps" available orders across one or more order books until the requested quantity has bee...") Tag: Visual edit
- 11:5511:55, 6 August 2026 Market impact (hist | edit) [9,172 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Market impact''' is the effect that a trade or series of trades has on the market price of a financial instrument. It occurs when the execution of a buy or sell order changes the balance between supply and demand, causing the security's price to move. Market impact is an important consideration for investors, particularly institutional investors executing large transactions, because it directly influences execution costs and investment performance. It is one of th...") Tag: Visual edit
- 11:5411:54, 6 August 2026 Iceberg order (hist | edit) [8,397 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Iceberg order''' is a large Limit order that is divided into a visible portion and a concealed reserve portion so that only a small part of the total order is displayed in the public order book at any given time. As the visible quantity is executed, additional shares or contracts are automatically released from the hidden reserve until the entire order has been filled, cancelled, or expires. Iceberg orders are primarily used to execute large transactions w...") Tag: Visual edit
- 11:5311:53, 6 August 2026 Iceberg reserve quantity (hist | edit) [7,745 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Iceberg reserve quantity''' is the hidden portion of an iceberg order that remains undisclosed in the public order book until the currently displayed quantity has been fully or substantially executed. The reserve quantity enables investors to conceal the majority of a large trading order while exposing only a smaller visible portion to the market. As the visible quantity is executed, additional shares or contracts are automatically released from the reserv...") Tag: Visual edit
- 11:5211:52, 6 August 2026 Limit order (hist | edit) [8,549 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Limit order''' is an instruction given by an investor to buy or sell a financial instrument at a specified price or at a more favorable price. Unlike a Market order, which prioritizes immediate execution regardless of price, a limit order gives the investor control over the maximum purchase price or minimum selling price while accepting the possibility that the order may not be executed. Limit orders are among the most widely used order types in modern financi...") Tag: Visual edit
- 11:5111:51, 6 August 2026 Market order (hist | edit) [7,819 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Market order''' is an instruction given by an investor to buy or sell a financial instrument immediately at the best available price in the market. Unlike a Limit order, which specifies the maximum purchase price or minimum selling price acceptable to the investor, a market order prioritizes immediate execution over execution price. Market orders are among the most common order types used in modern financial markets because they enable investors to enter or ex...") Tag: Visual edit
- 11:5011:50, 6 August 2026 Market maker (hist | edit) [9,407 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Market maker''' is a financial institution or market participant that continuously provides buy and sell quotations for one or more financial instruments with the objective of facilitating trading, supplying market liquidity, and supporting price discovery. A market maker stands ready to purchase securities from sellers and sell securities to buyers, thereby helping ensure that market participants can execute transactions even when natural counterparties a...") Tag: Visual edit
- 11:4811:48, 6 August 2026 Alternative trading system (hist | edit) [9,102 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Alternative trading system''' ('''ATS''') is a regulated electronic trading venue that facilitates the buying and selling of financial securities outside a traditional stock exchange. An alternative trading system matches buy and sell orders using automated electronic systems but generally does not perform all the functions of a national securities exchange, such as listing securities or establishing comprehensive market rules. ATSs provide investors with addi...") Tag: Visual edit
- 11:4711:47, 6 August 2026 Order book (hist | edit) [8,158 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Order book''' is the continuously updated electronic record of all outstanding buy and sell orders for a financial instrument maintained by a stock exchange, trading venue, or electronic trading system. The order book organizes orders according to price and, where applicable, time priority, enabling buyers and sellers to interact through a transparent and structured trading process. It is one of the fundamental components of modern electronic financial markets...") Tag: Visual edit
- 11:4611:46, 6 August 2026 Institutional investor (hist | edit) [8,961 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Institutional investor''' is an organization that invests and manages large pools of capital on behalf of its clients, members, policyholders, beneficiaries, or shareholders. Unlike individual or retail investors, institutional investors typically possess substantial financial resources, professional investment expertise, and the ability to trade large volumes of securities across domestic and international financial markets. They are among the most influential pa...") Tag: Visual edit
- 11:4611:46, 6 August 2026 High-frequency trading (hist | edit) [8,795 bytes] WikiSysopIG (talk | contribs) (Created page with "'''High-frequency trading''' ('''HFT''') is a specialized form of algorithmic trading that uses powerful computer systems, sophisticated algorithms, and ultra-low-latency communication networks to execute large numbers of financial transactions at extremely high speeds. High-frequency trading strategies typically involve submitting, modifying, and cancelling orders within milliseconds or microseconds to exploit small and short-lived price differences across finan...") Tag: Visual edit
- 11:4511:45, 6 August 2026 Algorithmic trading (hist | edit) [8,997 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Algorithmic trading''' (also known as '''algo trading''', '''automated trading''', '''black-box trading''', or '''systematic trading''') is the use of computer algorithms to automatically generate, submit, modify, and execute orders for financial instruments according to predefined instructions. These algorithms analyze market data and execute trades based on programmed criteria such as price, timing, volume, volatility, liquidity, or mathematical models, often wi...") Tag: Visual edit
- 11:4411:44, 6 August 2026 Dark pool (hist | edit) [8,276 bytes] WikiSysopIG (talk | contribs) (Created page with "'''Dark pool''' is a private electronic trading venue that allows buyers and sellers to execute securities transactions without publicly displaying their orders before execution. Unlike traditional stock exchanges, where buy and sell orders are generally visible in a public order book, dark pools operate as non-displayed markets in which trading interest remains hidden until a transaction is completed. Their primary purpose is to enable investo...") Tag: Visual edit