firm order

(redirected from Firm Orders)

Firm order

In the context of general equities, (1) order to buy or sell for the proprietary account of the broker-dealer firm; (2) buy or sell order not conditional upon the customer's confirmation.

Firm Order

1. An order to a broker to buy or sell a security, where the order is not dependent on later confirmation by the client. Rather, the client makes the order and the broker fills it.

2. An order made by a broker-dealer itself rather than an individual investor or other client of the broker-dealer.

firm order

1. An investor's order to buy or sell that is not conditional on any additional instruction.
2. An order placed on behalf of a broker-dealer firm rather than on behalf of the firm's client.
References in periodicals archive ?
In 2017, Airbus in particular had a December to remember, bringing in 776 firm orders --(http://ttps://www.fool.com/investing/2018/01/16/airbus-reports-a-monthly-order-record-for-december.aspx)  more than twice as many  as it had received in the first 11 months of the year combined.
The company exercised 40 Boeing 737 MAX 8 options for 15 firm orders in 2019 and 25 firm orders in 2020, and deferred 23 Boeing 737 MAX 7 firm orders from 2019 through 2021 to 12 firm orders in 2023 and 11 firm orders in 2024.
The company - with a wing assembly plant at Broughton - won commitments for a total of 326 aircraft, including firm orders for 144 aircraft worth $18.5 billion and MoUs for 182 aircraft worth $21.2 billion.
Agreements for over 150 AW169s, including firm orders, options and framework contracts, have been signed to date by customers worldwide.
The deals comprise firm orders for 197 aircraft worth $26.3bn and commitments for 82 aircraft worth $8.7bn.
Thai Carrier NokAir Purchases Two More Bombardier Q400 NextGen Aircraft as it Converts Options to Firm Orders Bombardier Aerospace announced today that low-cost carrier Nok Air of Thailand has converted two previously booked Q400 NextGen aircraft options to firm orders.
New York (USAsian Network Business & Industry News) Mon, Mar 31, 2014 - Bombardier Aerospace announced today that low-cost carrier Nok Air of Thailand has converted two previously booked Q400 NextGen aircraft options to firm orders. The options were acquired under a contract announced on November 19, 2013 that also included two firm-ordered aircraft and four purchase rights.
The multi-million-pound contract is the largest single A330 order received by Airbus and increases AirAsia's total firm orders for the A330 type to 51.
The options may be converted into firm orders for larger A350-1000s.
Bombardier added that it has recorded firm orders for 1,715 CRJ Series aircraft, with 1,661 delivered as of 31 December 2011.
Including the transaction announced today, Bombardier has taken firm orders for 1,713 CRJ Series aircraft, 1,606 of which had been delivered to operators around the world as of October 31, 2010.
Including the order from Estonian Air announced today, Bombardier has recorded firm orders for a total of 1,709 CRJ Series aircraft, including 262 CRJ900 and CRJ900 NextGen aircraft.