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effective sale

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Effective sale
A sale based on the most recent round-lot price, which determines the price of the next odd lot. The difference created between the last round-lot price and the odd-lot price is referred to as the odd-lot differential.

effective sale
The trade that determines the price for an odd-lot order. For odd-lot market orders, the effective sale is the first trade following the specialist's receipt of the odd-lot order. For an odd-lot limit order, the effective sale is the trade that permits an odd-lot differential. See also electing sale.


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Baseline Selling: How To Become A Sales Superstar By Using What You Already Know About The Game Of Baseball by Dave Kurlan (Founder of the Objective Management Group and internationally known for his ground breaking work in evaluating sales people) is an informed and informative introduction to effective sales and business techniques.
Taking a disk or drum mower into a field and opening up the tractor has always been an effective sale closer.
We are confident that Bruce's ability to develop effective sales infrastructures, strengthen brands, and create effective marketing campaigns will enable him to lead our global revenue growth efforts," commented Ferguson.
 
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