Above the Market

Above the Market

Describing an order to buy or sell a security at a price substantially lower (for a buy order) or higher (for a sell order) than the current market price. An above the market order is unlikely to be filled until the market price moves closer to the order's designated price. For example, one makes an above the market order when one makes a bid to buy a stock at $22 per share when the market price for a stock is $30 per share.
References in classic literature ?
For some reason the cost of fodder for cattle in the yards was much above the market price-- and you were not allowed to bring your own fodder!
Islamabad -- Alarmed by the high tariff granted to Sahiwal Coal fire power plant and Port Qasim power plant above the market based rates, National Accountability Bureau has initiated an inquiry against former officials of NEPRA and Ministry of Water and Power who allegedly favored above mentioned power plants to get undue raise in tariff which resulted into loss of millions of US dollars to national exchequer.
'These key differentiating factors are enabling the group to continue delivering organic growth above the market average and to rapidly reduce the debt resulting from the acquisition of Intelenet in 2018,' it added.
Earlier on September 17, the government had also auctioned 61 luxury cars of the PM House on the prices above the market value.
The number of re-opened claims and the extraordinary surge in LAE were well above the market expectation.
Hundi and Hawala system usually provide Re1 or Rs2 per dollar above the market rate,' he added.
(mewasseret-zion bridge 650 m 2 / area up to the konrad-adenauer-stiftung 2 350 m 2 ); according to hoai 49 et seq., structural design performance phase 3 to 6: - widening of the pedestrian and cyclist area above the market plate approx.
For Tier 1 employees, analyzed employer benefit costs were 88.89 percent above the market median, while for Tier 2 employees, those benefit costs were 76.35 percent above the market.
The company said it issued 1,575,500 shares of common stock at a premium price of USD2.00 per share and 982,000 shares of common stock at an above the market purchase price of USD2.00 per share in a concurrent private placement.
In the latest weekly report, the world's leading ship buyer said that "several eye-catching market vessels were concluded this week, especially a couple of large LDT dry bulk vessels that were fixed at levels well above the market, as these owners perfectly timed and exploited a feverish demand for single skin capesize bulkers/VLOCs, particularly from a resurgent Bangladeshi market.
IT'S all very well for the Record to condemn Andrew Newman for buying tickets and then selling them on way above the market price, but to call his business shadowy is a bit strong.
The 37-year-old from Dolgellau entered her image of Llyn Cregennon high in the mountains above the market town.