firm order


Also found in: Acronyms.

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 ?
Azul Linhas Aereas Brasileiras confirmed the firm order for a previously announced 21 E195-E2 jets.
As of the end of October, Boeing had captured (https://www.fool.com/investing/2018/11/18/airbus-gains-ground-on-boeing-in-the-race-for-orde.aspx) 642 net firm orders in 2018 , compared to 340 for Airbus.
Based on list price, the firm order for the three CRJ900 NextGen aircraft is valued at approximately $136 million US.
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 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.
Based on the list price for the Q400 NextGen aircraft, the value of the firm order is approximately $62 million US, which could increase to $158 million US should all three options be converted to firm orders.
The Norwegian technology group Ignis ASA (formerly WiCom) said on Wednesday (6 April) that its subsidiary Ignis Photonyx AS had secured its first firm order under a two-year framework contract with the Chinese telecommunications group Accelink.
National French railways company SNCF and German manufacturer Siemens have signed an order for 35 "Avanto" tram-trains worth a total of Euro 122 million, financed by SNCF, including a firm order for 15 trains, announced the two groups.
On September 30, Embraer's firm order backlog totaled $13.6B.
Including a (https://www.fool.com/investing/2018/07/11/jetblue-chooses-the-airbus-a220-to-replace-its-emb.aspx) firm order for 60 A220-300s  placed by JetBlue a week before the air show, Airbus has now captured more than 750 firm orders and commitments year to date.
(Island Air) has placed a firm order for two Q400 NextGen turboprop airliners and has also taken options for four additional Q400 NextGen aircraft.
New York (USAsian Network Business & Industry News) Mon, Mar 31, 2014 - Bombardier Aerospace announced that China Express Airlines has converted previously announced conditional purchase agreements for three CRJ900 NextGen regional jets into a firm order. The conditional purchase agreements for five CRJ900 NextGen aircraft, with options on an additional eight CRJ900 NextGen aircraft, were announced on December 2, 2013, along with a firm order for three CRJ900 NextGen airliners.