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Order room |
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Order roomThe brokerage firm department receives and processes all orders to buy and sell securities.Order room Similar MatchesStanding orderStanding orderAn order by a customer to his/her banker to pay a specified amount usually on or around a particular day of the month regularly to another account. This could be typically to a person's building society for regular payment of mortgage interest or for premiums for life assurance. If the payee, for example, a building society, requires payments to be increased (or decreased) it must write to the customer requesting a change in the amount of the standing order. The customer then instructs his/her bank accordingly. The current trend for regular payments however seems to be towards direct debit where the customer agrees to the payee debiting (claiming funds from) his/her account. Upstairs orderUpstairs orderUsed for listed equity securities. Off-floor order. OrderOrderInstruction to a broke../../finance-glossary/dealer to buy, sell, deliver, or receive securities or commodities that commits the issuer of the "order" to the terms specified. See: indication, inquiry, bid wanted, offer wanted. Cross border bondsCross border bondsBonds that firms issue in the international market. Automated Order System (AOS)Automated Order System (AOS)Investment banks, computerized order entry system that sends single order entries to DOT (Odd-Lot) or to investment banks, floor brokers on the exchange. See: Round lot, GTC orders. Further SuggestionsBorderless worldMoney order At the close order Off floor order Order Parameter Buy limit order Roll order Alternative order Immediate or canceled order (IOC order) good till cancelled order Standing order Fill or kill order (FOK) Qualified Domestic Relations Order (QDRO) cancel former order Contingent order Fractional discretion order contingent order On floor order Limit on close order Stop limit order Working order Orderly Marketing Arrangement Either or order On the opening order On the close order |
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