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Non-Directed Order |
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Non-Directed Order An order to a broker to buy or sell a security on the exchange of the broker's choice. A client has the ability to tell the broker his/her preferred exchange for the execution of orders. A non-directed order, however, leaves this to the broker's discretion, with the assumption that the broker will offer or bid the exchange at the best price. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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