Examlex
The nature of the virtual network structure means that the subcontractor becomes a permanent part of and an internal division of the organization.
Effective Spread
The measure of the actual cost of a trading transaction, calculated as the difference between the executed trade price and the midpoint of the best bid and ask quotes at the time of the trade.
SEC
The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.
Tick Size
The minimum price movement of a trading instrument in the market, which can affect the precision of price and order placement.
Bid-Ask Spread
The difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask) for an asset.
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