Price Of Admission
Price Of Admission
Definition: Used in the context of general equities. Cost to become a player in a stock in an inordinately aggressive market (i.e.,locking on one side, size or price concessions); trader becomes aggressive in order to break the domination of customer activity by another dealer.
Definition: Used in the context of general equities. Cost to become a player in a stock in an inordinately aggressive market (i.e.,locking on one side, size or price concessions); trader becomes aggressive in order to break the domination of customer activity by another dealer.