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Firm Order

   Also found in: Acronyms 0.01 sec.
Firm order
In the context of general equities, (1) order to buy or sell for the proprietary account of the broker-dealer firm; (2) buy or sell order not conditional upon the customer's confirmation.
Firm Order
1. An order to a broker to buy or sell a security, where the order is not dependent on later confirmation by the client. Rather, the client makes the order and the broker fills it.

2. An order made by a broker-dealer itself rather than an individual investor or other client of the broker-dealer.
firm order
1. An investor's order to buy or sell that is not conditional on any additional instruction.
2. An order placed on behalf of a broker-dealer firm rather than on behalf of the firm's client.
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The airline also firmed up orders on the eight A380s for which it had signed letters of intent earlier this year, and placed firm orders for an additional three of the double-decker aircraft, bringing its total firm order to 58.
Emirates could buy more aircraft by Gulf News (United Arab Emirates)
ISTANBUL, Oct 31, 2009 (TUR) -- Turkey's flag carrier Turkish Airlines, or THY, said Friday it would place a firm order with Airbus for three new A330 passenger planes.
(ECO) THY MAKES FIRM ORDER FOR THREE AIRBUS A330s by Anadolu (Eskisehir, Turkey)
There are more than 5,500 V2500s in service or on firm order with more than 170 customers around the world.
Etihad launches v2500 selectone in the Gulf region by Albawaba.com
 
 
 
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