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on-floor order

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On-floor order
Used for listed equity securities. Security order originating with a member on the floor of an exchange when dealing with his or her own account, versus an upstairs order. Antithesis of off-floor order.
on-floor order
An order to trade a security that originates from an exchange member on the exchange floor. On-floor orders are subordinated to off-floor orders. Compare off-floor order.
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