Sell plus order

 

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Sell plus order

Market or limit order to sell a stated amount of stock provided that the price to be obtained is not lower than the last sale if the last sale was a plus, or zero plus tick, and is not lower than the last sale plus the minimum fractional change in the stock if the last sale was a minimum or zero minimum tick. (In a limit order, sale cannot be lower than the limit, regardless of tick.)



Sell plus order

Similar Matches

Spread order

Spread order

An order listing the series of options that the customer wants to buy and sell and the desired spread between the premiums paid and received for the options.


Contingent order

Contingent order

An order which can be executed only if another event occurs; i.e. "sell Oct 45 call 7-1/4 with stock 52 or lower".


Percentage order

Percentage order

Used for listed equity securities. Market limited price order to bu../../finance-glossary/sell a specified percentage (usually 50%) of shares traded (sometimes after a fixed number of shares of the stock have already traded). See: participating buyer/seller, "Participate but do not initiate."


Market order

Market order

An order to buy or sell securities or commodities at the best price with immediate effect.


Order Book Official

Order Book Official

The exchange employee in charge of keeping a book of public limit orders on exchanges utilizing the "marker-maker" system, as opposed to the "specialist system", of executing orders. See also Market-Marker and Specialist.


Further Suggestions

Working order
Order Parameter
On the close order
Ordering Costs
Sell order
At the opening order
Immediate or canceled order (IOC order)
cancel former order
good till cancelled order
At the close order
Small Order Execution System (SOES)
Roll order
General Order
contingency order
Dividend Order
Cross border risk
Cross border bonds
Combination order
Buy stop order
Fill or kill order (FOK)
Orderly Marketing Arrangement
IOC order
DNR Order
Open (good till cancelled) order (GTC order)
garnishee order


 
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