Detailed Explanation of IB’s MOC and LOC Order Types: Two Strategies for Closing Price Trading
In mature markets like the US stock market, the closing price (Closing Price) holds significant reference value. It’s not only a summary of daily trading sentiment but also a benchmark for index calculations, fund net asset valuation, and portfolio valuations. Consequently, trading demand focused on closing prices has emerged. Within the Interactive Brokers (IB) trading platform, MOC (Market-on-Close, Closing Price) and LOC (Limit-on-Close, Limit Price) are important order types that allow investors to execute trades at the close.
Systematic collation and explanation of proprietary terms related to Hong Kong IPOs and dark pools.
- Hong Kong Stock Exchange (HKEX) dark pool trading involves numerous proprietary terms, with most being recognizable but some still unfamiliar.
Understanding spin-offs and splits in the US stock market can be challenging.
Prompt: As a Chinese person, when seeing English financial news and information about actions of US listed companies, why are mergers and acquisitions written like this: NAOV reverse stock split: 1 for 10? Is this a unique English grammar that doesn’t conform to Chinese grammatical habits? Based on this, please explain the meaning of the stock split.
Hong Kong Stock Exchange Brokerage Fee Liberalization and Market Competition
The practice of “the same contract code, for transactions in the same direction, commission is only charged once” is commonly referred to as “Commission Aggregation / Combined Commission” within the securities industry. This is not a hard-and-fast regulation by the Hong Kong Exchange
- Significant differences in trading and settlement between stocks and digital currencies
To truly understand the significant differences between traditional stocks and digital currencies in terms of trading and settlement, we need to deeply grasp the core “components” and “rules” that make up each ecosystem. We can view them as two entirely different games: one a rigorous, multi-party collaborative “profe
Why the concept of “settlement” is necessary in traditional stock trading?
In today’s era of the global digital wave, we’ve become accustomed to instant transfers and near-instant payments. Therefore, many people are confused: why, after clicking “sell” on a stock, does my funds not immediately clear in full and become available, but instead takes one or two business days? This is precisely a crucial and historically significant concept within traditional stock trading – settlement.
prompt: Why does traditional stock trading require the concept of settlement?
Over-the-Counter (OTC) Clearing and Settlement of Digital Currencies: Unveiling the Mechanisms Behind 7x24 Continuous Trading
Unlike traditional stock markets with defined opening and closing times, the digital currency market has attracted the attention of global investors due to its 7x24-hour continuous trading feature. This characteristic has also raised a core question: how are digital currencies cleared and settled in a world without a “market close” concept? Does it completely overturn these concepts in traditional finance? The answer is that digital currencies not only have clearing and settlement, but the way they are implemented and their system design are key to supporting all-day trading.
RWA (Real World Assets) and Web3: A New Bottle of Old Wine?
Driven by the tide of technological innovation, RWA (Real World Assets) and Web3 have become hot topics in the financial industry. Traditional financial institutions – once regarded as conservative and stable giants – are now actively embracing these emerging concepts, vigorously promoting the development of RWA and DeFi (Decentralized Finance). However, behind this technology-driven transformation lies a core question worth pondering: Are these dazzling new concepts truly disruptive innovation, or simply giving traditional financial businesses a “new look”?