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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 MatchesImmediate 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 priceBorder priceThe price of a good at a country's border. Limit order information systemLimit order information systemThe electronic system supplying information about securities traded on participating exchanges so that the best securities prices can be found. Cancel former orderCancel former orderType of order given to a broker. Buy limit orderBuy limit orderA conditional trading order that indicates a security may be purchased only at the designated price or lower. Related: Sell limit order. Further SuggestionsOrder Book OfficialIOC 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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