Protect

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Protect

Assure the salesperson or trader that interest, buy or sell, will be attended to, given any change in the trading circumstances, as follows:
At a price: If the stock trades at a certain price or price range, the trader will show this market to the salesperson and thus allow participation under these favorable circumstances.
Floor protection: Representation of a client on the floor of the exchange-so that if size were to trade at his price or a better price, salesperson would participate.
Volume (OTC): If a certain amount of volume trades (that parallels the protectee's interest), trader assures salesperson of reasonable participation in the trading activity. The extent of this protection depends on liquidity, number of market makers, and other aspects of the stock.
References in classic literature ?
Whether she would find a protector in him she could not tell; but Mr.
Your protector had seen with pain this marriage of his elder brother with a portionless girl.
I understand, Bertuccio has been sent by my protector.
Once I heard that even the Protector of the Poor made a mistake," said the Jackal viciously.
The Protector of the Poor has condescended to inform me, his slave, that once in his life he has been wounded by a woman.
Frecoult spoke with her but seldom, and she understood that in carrying out his deception he must maintain the semblance of her captor, rather than protector, and so she suspected nothing though she saw the friendly relations which seemed to exist between the European and the Arab leader of the band.
He had never seen a more independent woman who stood more in need of a protector than this boy-minded girl who had landed on his beach with eight picturesque savages, a long- barrelled revolver, a bag of gold, and a gaudy merchandise of imagined romance and adventure.
This and no other is the root from which a tyrant springs; when he first appears above ground he is a protector.
My dear niece," cries she, "you will have a very good protector in his lordship; a protector whom nothing but a hankering after that vile fellow Jones can make you decline.
I felt myself masculine, the protector of the weak, the fighting male.
Safie was always gay and happy; she and I improved rapidly in the knowledge of language, so that in two months I began to comprehend most of the words uttered by my protectors.
The scabs and their protectors made a stand, drawing revolvers.