An order that specifies the limit price at which the trade can be executed.
This refers to how easily securities can be bought or sold in the market. A security is liquid when there are enough units outstanding for large transactions to occur without a substantial change in price. Liquidity is one of the most important characteristics of a good market. Liquidity also refers to how easily investors can convert their securities into cash.
Rules governing the admission and ongoing requirements of all entities listed on a specific exchange.
Trader who has bought or who holds a position that will benefit from rising prices. See also Short.