Leaves

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Leaves

Used in the context of general equities. Remains to buy or sell of a previously entered order after a report of partial execution has been given. If the floor broker to buy 20M IBM at $115, and he then buys 6M at this price, his report would be, "You bought 6M IBM at $115; leaves 14."

Leaves

What remains of an order after a partial execution. For example, if an investor makes an order to a broker to sell 1,000 shares at a certain price and the broker is able to immediately sell 600 shares, the remaining 400 are said to be leaves.

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Leaves