Not held order (NH order)


 

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Not held order (NH order)

Applies mainly to international equities. Market or limit order in which the customer does not desire to transact automatically at the inside market (market held) but instead has given the trader or floor broker (listed stock) time and price discretion in transacting on a best-efforts basis. This will not hold the broker responsible for missing the price within the limits (limit not held) or obtaining a worse price (market not held). The order is marked "not held, disregard tape/DRT, take time" or bears any such qualifying notation, excluding "or better." See: Held order.



Not held order (NH order)

Similar Matches

Immediate or canceled order (IOC order)

Immediate or canceled order (IOC order)

Market or Market that is to be Market in whole or in part as soon as such order is represented in theMarket. The portion not executed is to be treated as Market A Market is considered an execution in this context. See: Market, Market.


Border price

Border price

The price of a good at a country's border.


Limit order information system

Limit order information system

The electronic system supplying information about securities traded on participating exchanges so that the best securities prices can be found.


Cancel former order

Cancel former order

Type of order given to a broker.


Buy limit order

Buy limit order

A conditional trading order that indicates a security may be purchased only at the designated price or lower. Related: Sell limit order.


Further Suggestions

Order Book Official
IOC order
On floor order
Money order
order book
Do Not Reduce Order (DNR Order)
Sell limit order
Order ticket
Super Designated Order Turnaround System
Held order
Negotiable Order of Withdrawal Account (NOW)
Buy stop order
Split order
Order Parameter
Good til cancelled order (GTC)
Combination order
On the opening order
Stop order (or stop)
Cross border risk
Day around order
Cross border bonds
Fractional discretion order
Order
Negotiable order of withdrawal (NOW)
Percentage order


 
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