In: Finance
Below are five topics for you to describe:
Limit order book :
Limit order book is a record maintained by the security specialist who works at the exchange, of the unexecuted limit orders.
Continuous and call auctions :
A continuous market operates continuously during trading hours and trades are executed whenever a buy and sell order match up.On the other hand,in a call auctions market ,orders are collected during the day and at specified times an auction takes place,to determine the price.
Flash crash :
Flash crash is a situation described as an extremely rapid decline in the price of one or more commodities or securities,typically one caused by automated trading.
Eurobonds :
Eurobond is an international bond issued in Europe or elsewhere outside the country in whose currency it's value is stated.
Liquidity suppliers/demanders :
Liquidity suppliers place limit orders.For a round trip (a purchase and sale together) the Liquidity supplier earns the spread.
On the other hand ,a Liquidity demanders place market orders.For a round trip(a purchase and sale together)the Liquidity demanders pays the spread.