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Off floor order |
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Off 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.Off floor order Similar MatchesOn floor orderOn floor orderUsed for listed equity securities. Security order originating with a member on the floor of an exchange when dealing with his or her own account, versus an upstairs order. Antithesis of off-floor order. FloorFloorThe area of a stock exchange where active trading occurs. Also the price at which a stop order is activated (when the price drops low enough to activate such an order). Floor planningFloor planningArrangement used to finance inventory. A finance company buys the inventory, which is then held in trust for the user. Equity floorEquity floorAn agreement in which one party agrees to pay the other at specific time periods if a specific stock market benchmark falls below a predetermined level. Floor brokerFloor brokerMember of an exchange who is an employee of a member firm and executes orders, as agent, on the floor of the exchange for clients. Further SuggestionsFloor pictureFloor Open depending on the floor Floor trader Floor official Floor ticket Price floor Interest rate floor |
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