scale order

Scale order

Order to buy (sell) a security that specifies the total amount to be bought (sold) and the amount to be bought (sold) at successively decreasing (increasing) price intervals; often placed in order to average the price.

Scale Order

1. An order to buy a security where the client requests the order be executed at several, different times at successively lower prices. For example, a scale order may be an order to buy on three different occasions when the prices are $11, $10 and $9.

2. An order to sell a security where the client requests the order be executed at several, different times at successively higher prices. For example, a scale order may be an order to sell on three different occasions when the prices are $9, $10 and $11.

scale order

A specialized brokerage order that requests multiple executions at varying prices for the same security; for example, when an investor who wishes to liquidate a security position in a rising market spaces orders to sell specified numbers of shares at half-point price intervals.
References in periodicals archive ?
On February 27, 2002, the sliding scale order was notified so that the patient's blood sugar was to be checked daily and more frequently based on his condition.
The theory of atomic scale order in crystals had long been established based on morphological and optical studies.
Thanks to a large- scale order placed by the British FirstGroup, Hoeft & Wessel succeeded in underpinning its leading position in the field of ticketing systems in the United Kingdom and, in addition, enabled the company to present a completely new, path-breaking e-Ticketing system.
Despite China's restrictive monetary environment which, to a certain extent, discourages capital expenditures in the textile industry, we are pleased to receive a large scale order for our new airflow dyeing machines.
Chi-Delta, which has been developed in line with MiFID requirements, will be a separate, non-displayed, reference-pegged order book for orders that do not meet the Large in Scale order size requirements.
Making this particularly unique is that this is the first large scale order for a completely interoperable active RFID technology product line while also marking the DoD's adoption of the newly established ISO 18000-7 standard.
This shift to a real-time, touch-free process for managing and fulfilling customer orders supports the company's aggressive growth strategy as it has allowed CEDPM to cost-effectively scale order volume by more than tenfold.
We have now secured a large scale order for the very important oil and gas sector in the Middle East" said Fati Elgendy, President and Chief Operating Officer of Perma-Pipe, Inc.
As for automobile business, the endorsement of our engineering and production management capabilities by renowned automaker provides us with a valuable credential to source large scale orders from the automobile market.
Mr Mabbitt said that it was difficult to predict when customer demands would translate into production scale orders.
Bosses say the leap to convert from customer sampling stage to full-blown production scale orders is going well - and the company's global profile is growing.
By 2012 the company was winning large scale orders, transferring staff from its bridge-building site and introducing 24-hour working to meet the demand.