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Market Not Held Order |
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Market not held orderThis is a market order - i.e. an order to buy or sell securities at the best price - but with the crucial difference that the broker has discretion to execute the order when he feels it is best. If the broker feels that the market will decline, he may hold the order to try to get a better fill.Market Not Held OrderAlso a market order, but the investor is allowing the floor broker to use his own discretion as to the exact timing of the execution. If the floor broker expects a decline in price and he is holding a "market not held buy order", he (she) may wait to buy, figuring that a better price will soon be available. There is no guarantee that a "market not held order" will be filled.Market Not Held Order Similar MatchesMarked to marketMarked to marketAn arrangement whereby the profits or losses on a futures contract are settled each day. Intermarket Trading System (ITS)Intermarket Trading System (ITS)Electronic communications network linking the trading floors of seven registered exchanges to permit trading among them in stocks listed on either the NYSE or AMEX and one or more regional exchanges. Through ITS, any broker or market maker on the floor of any participating exchange can reach other participants for an execution whenever the nationwide quote shows a better price available. A floor broker on the exchange can enter an ITS order to assure excecution of all of an offering or bid, instead of splitting it with competing brokers. Market price of riskMarket price of riskA measure of the extra return, or risk premium, that investors demand to bear risk. The reward-to-risk ratio of the market portfolio. Perfect capital marketPerfect capital marketA market in which there are never any arbitrage opportunities. Market valueMarket valueThe price that a piece of property sells for at a particular point in time. Further SuggestionsMarketable Titlemain market Futures market Market tone London Bullion Market Guerrilla marketing Weak market Emerging Markets Free index (EMF) New issues market Foreign equity market Fair market price Playing the market market indices Marking to market Marketed claims Holding the market F Fair Market Value Foreign market beta Federal Open Market Committee (FOMC) Market price Permission Marketing Crossed market Market price Market overhang market maker to market maker |
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