सभी किताबें

पेशेवर

ऐप्स परिचय Coach लॉग इन पढ़ना शुरू करें

Quantitative Finance · शब्दावली

Tier cliff क्या है?

Definition 17.2 Market Making and High-Frequency Trading · अध्याय 17 — Rebates, Inverted Venues and Tiers

A tier cliff is a volume threshold in a fee schedule at which a better rate applies retroactively to all of the month’s qualifying volume, so that the bill changes discontinuously as the threshold is crossed.

अध्याय में पढ़ें →