Do Not Increase(redirected from DNI Order)
Do Not Increase (DNI)
Do Not Increase
In a good til canceled order, an instruction to a broker not to increase the number of shares ordered in the event of a stock split. A stock split increases the number of shares outstanding by some stated ratio, and many brokers increase the number of shares asked or bid to compensate for this. A DNI instructs the broker not to do so.
do not increase
A directive that the number of shares in an order not be increased in the event of a stock split. The order to which such a directive is added may be either a limit order to buy stock or a stop order to sell stock.