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Sell plus order |
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Sell plus orderMarket 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 MatchesLimit on close orderLimit on close orderAn order to buy or sell stock at the closing price only if the price is at a predetermined level or better. Standing orderStanding orderA regular payment for a fixed amount that you can ask us to make from your account to another specified account. Negotiable Order of Withdrawal Account (NOW)Negotiable Order of Withdrawal Account (NOW)An interest-earning account on which chechs may be drawn. Withdrawals from NOW accounts may be offered by commerical banks, mutual savings banks, and savings and loan associations and may be owned only by individuals and certain nonprofit organizations and govermental units. Market Not Held OrderMarket Not Held OrderAlso a market order, but the investor is allowing the floor broker to use his own discretion as to the exact timing of the execution. If the floor broker expects a decline in price and he is holding a "market not held buy order", he (she) may wait to buy, figuring that a better price will soon be available. There is no guarantee that a "market not held order" will be filled. 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. Further Suggestionsorder bookOrdering Costs On the opening order Borderless world First order condition Percentage order day order Alternative order Fractional discretion order Cross border risk Buy minus order Negotiable order of withdrawal (NOW) Presale order Border price Any part of order Contingency order Buy order IOC order Stop order (or stop) Sell order Limited price order Either or order Spread order Money order Combination order |
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