Iceberg order
Trading & ordersA large order automatically split into smaller slices.
In plain terms
For size in mid-liquidity names, so you consume the book gradually rather than all at once.
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 1 term
A large order automatically split into smaller slices.
For size in mid-liquidity names, so you consume the book gradually rather than all at once.