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Day order |
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Day orderIn the context of general equities, request from a customer to either buy or sell stock, that, if not canceled or executed the day it is placed, expires automatically. All orders are day orders unless otherwise specified. Traders often make calls before the opening to check for renewals.Day orderAn order placed with a broker to purchase or sell stock, a commodity or financial instrument at specified price limits. If not executed that day the order becomes invalid and the broker will not process it.Similar MatchesMoney orderMoney orderA financial instrument backed by a deposit at a certain firm such as a bank that can be easily converted into cash. Good through or until date orderGood through or until date orderUsed in the context of general equities. Market or limited price order that remains viable for a stated period of time unless cancelled, executed, or changed, after which such order or the portion thereof not executed is to be treated as cancelled. Qualified Domestic Relations Order (QDRO)Qualified Domestic Relations Order (QDRO)A judgment, decree, or order that gives a pension plan participant access to retirement assets that must be used to pay an ex-spouse or dependent children. Cross border riskCross border riskDescribes the volatility of returns on international investments caused by events associated with a particular country as opposed to events associated solely with a particular economic or financial agent. Off floor orderOff floor orderUsed for listed equity securities. (1) Order to buy or sell a security that originates off the floor of an exchange; customer orders originating with brokers, as distinguished from orders placed by floor members trading for their own accounts. Exchange rules require that an off-floor order be executed before orders initiated on the floor. Upstairs order. Antithesis of on-floor order; (2) order not handled on the floor but instead upstairs. Further SuggestionsSwitch orderPercentage order Matched orders Pecking order view (of capital structure) Order Split order Order Parameter Buy minus order market not held order Ordering Costs Negotiable Order of Withdrawal Account (NOW) Fill or kill order (FOK) Alternative order Day around order Held order Boston Exchange Automated Communication Order Routing Network (BEACON) Significant order Cross-border supply On floor order Borderless world Order ticket On the opening order Sell order Economic order quantity (EOQ) On the close order |
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