Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 5 terms
Getting an intended order actually filled, and the gap between the price a strategy assumed and the price it achieved.
Where backtests go to die. Fills at the next open rather than the close, timeouts, rate limits and costs all run in the same direction, and the damage grows with frequency.
A broker offering execution with little or no research or advisory, typically at zero delivery brokerage and a low flat charge per intraday or F&O order.
A ₹20 saving per order is irrelevant if the app freezes on the day the NIFTY moves 3%. DP charges, annual maintenance and square-off penalties are where a zero-brokerage broker actually earns.
Trades settle one working day after execution — shares and money change hands on T+1.
Buy Monday, own it Tuesday. India moved to this ahead of most of the world.
A repeatable schedule separating research and planning from execution.
Decisions belong to the weekend. Market hours are for following what you already decided.
Placing a trading member’s servers inside the exchange’s data centre to minimise the time taken to send and receive orders.
Why the book on your screen has already been acted on. It is a reason to use depth for execution decisions rather than for prediction.