|
Buy stop order |
|
|
|
Home Site Map Add Term Search About Us Contributors |
Buy stop orderA buy order not to be executed until the market price rises to the stop price. Once the security has broken through that price, the order is then treated as a market order. Also known as a suspended market order.Buy stop order Similar MatchesSuper Designated Order Turnaround SystemSuper Designated Order Turnaround SystemThe system that transmits New York Stock Exchange (NYSE) member firms' market and day limit orders, up to specified sizes in virtually all listed stocks, through the common message switch to the proper trading floor workstation. Specialists receiving orders through SuperDot execute them in the trading crowd at their posts, as quickly as market interest and activity permit, and return reports to the originating firm's offices via the same electronic circuit that brought them to the floor. Super-Dot can handle daily volume exceeding 2 billion shares. Cease and desist orderCease and desist orderAn order issued after notice and opportunity for hearing, requiring a depository instition, a holding company or a depository institution official to terminate unlawful, unsafe or unsound banking practices. Cease-and-desist orders are issued by the appropriate federal regulatory agencies under the Financial Institutions Supervisory Act and can be enforced directly by the courts. Standing orderStanding orderAn order by a customer to his/her banker to pay a specified amount usually on or around a particular day of the month regularly to another account. This could be typically to a person's building society for regular payment of mortgage interest or for premiums for life assurance. If the payee, for example, a building society, requires payments to be increased (or decreased) it must write to the customer requesting a change in the amount of the standing order. The customer then instructs his/her bank accordingly. The current trend for regular payments however seems to be towards direct debit where the customer agrees to the payee debiting (claiming funds from) his/her account. Either or orderEither or orderUsed in the context of general equities. See: Alternative order. Garnishee orderGarnishee orderA court order instructing a garnishee (a bank) that funds held on behalf of a debtor (the judgement debtor) should not be released until directed by the court. The order may also instruct the bank to pay a given sum to the judgement creditor (the person to whom a debt is owed by the judgement debtor) from these funds. Further SuggestionsNegotiable Order of Withdrawal Account (NOW)contingency order Cross border risk Fill or kill order (FOK) good till cancelled order contingent order order book Stop limit order On floor order Percentage order limit order Cross border bonds Order imbalance Presale order Any part of order Significant order imbalance Order Book Official Combination order Cross-border supply Negotiable order of withdrawal (NOW) Order Parameter Upstairs order Order ticket Order stop order |
|
|
|