Precedence


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Related to Precedence: Precedence Effect

Precedence

The established system of priorities of trades in an exchange. For example, the highest bid and lowest offer have highest precedence; the first bid or first offer at a price has highest priority, and large orders have priority over smaller orders.

Precedence

On an exchange, the succession in which floor traders must execute orders. Invariably, the orders with the highest bid or the lowest ask are executed first. If two orders have an identical price, the one entered first has precedence. The specific rules of precedence are set by each exchange individually.

precedence

The sequence in which orders are executed on an exchange floor. For example, the order with the lowest ask or highest bid has precedence over other orders. With orders at an identical price, the one entered earliest has precedence. The precedence of orders is established by the rules of each exchange.
References in periodicals archive ?
Though the TSP with precedence constraints has been studied in the literature, we still need to bridge the gaps for TSPP-PC.
AR 385-10 is one more reference that supports the WOCC/SWOAC position on formal delineation of precedence of w-grade ranks.
OKI is to combine the EFI XF software and supply it to Precedence via Utmost Electronics who will provide service and support to Precedence.
Acyclicity test of precedence relations reduces to establish if no phase precede itself.
This was a plea for the earl marshal's jurisdictional supremacy in matters of armorial bearings and precedence, and it would not have been offered if Thynne had not concluded that distinctions of degrees were not being maintained with the strictness that social order required.
1996), the only factor we have been able to identify that isolates the two species is conspecific sperm precedence (Howard and Gregory 1993; Gregory and Howard 1994).
Our project is a full-scale study applicable to a real-world situation and deals with very large cases, each of which typically consists of hundreds of activities and hundreds of precedence relationships.
Peter Bellwood's paper offers reflections on how a hereditary position of precedence attributed to founders and their succeeding elder sons may have played a role in the dynamics of geographical expansion among Austronesian peoples.
Unlike traditional vinyl windows which are often unattractive with obtrusive hardware, Precedence replacement windows are developed to be architecturally-correct - mimicking the look and styling of wood windows - without sacrificing the performance and low maintenance of a modern-day vinyl window.
T Precedence carrying containers and chemicals were berthed at Qasim International Container Terminal and Engro Vopak Terminal respectively on Sunday, October 31.
Sucking cigarettes and vodka on the sly, using bad language, throwing themselves at boys, and competing strenuously with one another socially seem to take precedence over academics at St.
Councilman Jack Weiss, who proposed the ban, said public health takes precedence over the convenience of smokers.