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.

percentage order

A customer order to purchase or sell shares of a stock after a specified number of shares of the same stock have been traded.
References in periodicals archive ?
Definition of variables: Deviation = difference between actual acknowledgment delay and expected delay based on order priority; EDIGOOD = percentage orders dealers transmitted by EDI with no errors; EDIBAD = percentage orders dealers transmitted by EDI with errors; Product Complexity = an equally weighted index of standardized values of lines per order, number of finish codes, number of unique finish codes, and average item cost; Price Quotes = percentage of orders completed that require manual pricing; Custom Quotes = percentage of orders completed that include at least one custom material; and Engineering Quotes = percentage of orders completed that require manual verification of engineering designs.

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