not held

Not Held Order

An order to a broker to buy or sell a security where the broker is not held responsible for not obtaining the best available price. That is, the broker is given discretion as to when to execute the order, but if he makes a mistake and obtains an unfavorable price, he is not responsible. This is sometimes used in place of a limit order.

not held

A customer instruction that permits an exchange member to use personal judgment in executing either a market or limit order with respect to the time and/or the price of execution. In theory, this instruction is designed to obtain a more favorable price since the floor broker may have a feel for whether prices are likely to rise or decline. Unlike a regular market order, however, a market not held order does not guarantee that the order will be filled. Also called market not held order.
References in classic literature ?
But the louder he spoke, the lower she dropped her once proud and gay, now shame-stricken head, and she bowed down and sank from the sofa where she was sitting, down on the floor, at his feet; she would have fallen on the carpet if he had not held her.
Most o' the women do more harm nor good with their preaching--they've not got Dinah's gift nor her sperrit--and she's seen that, and she thought it right to set th' example o' submitting, for she's not held from other sorts o' teaching.
The bustle had been considerable, and it was some time before Gurth was missed; for, as he was to be placed for the rest of the journey behind a servant, every one supposed that some other of his companions had him under his custody, and when it began to be whispered among them that Gurth had actually disappeared, they were under such immediate expectation of an attack from the outlaws, that it was not held convenient to pay much attention to the circumstance.
There was blood on the painted feet, as though the thing had dripped--blood even on the hand that had not held the knife.
The next morning the whole town of Nottingham was early astir, and as soon as the gates were open country-folk began to pour in; for a triple hanging was not held there every day in the week, and the bustle almost equated a Fair day.
With respect to Wickham, the travellers soon found that he was not held there in much estimation; for though the chief of his concerns with the son of his patron were imperfectly understood, it was yet a well-known fact that, on his quitting Derbyshire, he had left many debts behind him, which Mr.
Nasdaq:OSHC) today announced that the Company's board of directors has approved the repurchase of up to 200,087 shares of the Company's outstanding common stock, which is 5% of outstanding shares not held by OC Financial MHC.
He said that local government elections were not held in cantonment board areas for last 14 years.
Cllr Joan McTigue is not in any position whatsoever to criticise anybody about not holding surgeries as she herself has not held a ward surgery in Beechwood for many years.
67(e), the AGI of estates and trusts is calculated in the same manner as for individuals; however, expenses paid or incurred in estate or trust administration, "which would not have been incurred if the property were not held in such trust or estate," are fully deductible in calculating AGI.
The truth of the matter is that when Viewpoints correspondent Mrs Russ wrote her letter they had not held a surgery, and even when Bill Dodson wrote his reply they had still not held a surgery.
27 percent of the outstanding shares of Capital Factors, which provides for the elimination of the outstanding shares of Capital Factors not held by Union Planters.