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Percentage Order |
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Percentage order Used for listed equity securities. Market limited price order to buy/sell a specified percentage (usually 50%) of shares traded (sometimes after a fixed number of shares of the stock have already traded). See: participating buyer/seller, "Participate but do not initiate." Percentage Order A buy or sell order to a broker , with the added instruction to withhold executing the order until a certain number of shares in the security have been traded.
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