The execution of a buy order at a price lower than its publicly quoted market price, which can occur when a determined broker finds a better price below the current Bid/Ask spread through a variety of methods, such as selling shares out of the brokerage's own inventory.
Related information about price improvement:
- Price Improvement Definition | Investopedia
Attaining a higher bid price, if you are selling a stock, or a lower ask price, if you are buying a stock, than the price quoted at the time your order was placed.
- Price Improvement – NBBO
In addition to price improvement, which means some of your trades may exceed the National Best Bid and Offer (NBBO), Scottrade offers $7 online trades and ...
- Price Improvement - Financial Dictionary - The Free Dictionary
A situation in which a buyer pays less than the previous ask price for a security or in which a seller is paid more than the previous bid price. Price improvement ...
- Price Improvement Period (PIP) - BOX Options Exchange
A key feature of the BOX market is the Price Improvement Period (PIP) auction, an automated trading mechanism (patent pending) which permits brokers to seek ...
- Exploring the Hidden Costs of Price Improvement - Securities and ...
Many "marketable" retail orders receive price improvement from OTC market ... of their orders would receive price improvement and the rule would subject retail ...
- BATS Global Markets Receives SEC Approval For Retail Price ...
1 day ago ... Retail Price Improvement (RPI) Program Designed To Maximize Price Improvement Opportunities for Retail Investors. PR Newswire. KANSAS ...
- Price Improvement Definition & Example | InvestingAnswers
We explain the definition of Price Improvement, provide a clear example of how it works and explain why it's an important concept in business, finance ...
- Nasdaq plans retail price improvement program for early 2013 ...
Nov 6, 2012 ... Nasdaq said its retail price improvement program would be similar to one launched by Big Board operator NYSE Euronext on August 1, which ...