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Definition: Spike

Spike connotes the sudden movement in prices of financial instruments mostly share in a relatively short period of time. Another definition of spike would be the trade confirmation slip which would contain information stock price, symbol and other relevant data.

The turbulent market of the 1973 oil crises would a good example of spike. Other instances of the sharp decline of the Satyam stock after the news of wrong doings broke out. The market crash of the 1987 and the market failure of the great depression are also frequently cited examples of Spike.

The term originated from the usage of a metal spike to place the order execution or cancellation slip. Since then the term has transferred to the slips generated by the trade executed electronically.

Browse the definition and meaning of more terms similar to Spike. The Management Dictionary covers over 7000 business concepts from 6 categories. This definition and concept has been researched & authored by our Business Concepts Team members.

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