percentage order

Percentage order

Used for listed equity securities. Market limited price order to buy/sell a specified percentage (usually 50%) of shares traded (sometimes after a fixed number of shares of the stock have already traded). See: participating buyer/seller, "Participate but do not initiate."
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Percentage Order

A buy or sell order to a broker , with the added instruction to withhold executing the order until a certain number of shares in the security have been traded.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

percentage order

A customer order to purchase or sell shares of a stock after a specified number of shares of the same stock have been traded.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The nation's estimated religious percentages included Roman Catholics as the largest denomination at 30 percent, followed in percentage order by Baptists (16), Methodists (11), Lutherans (7), Jewish (4), and Presbyterians (4), among the 60 different religions.
Furthermore, the percentage ordered by the court to be paid to the plaintiffs should have been calculated based on the amounts paid to the plaintiffs to date and not based on the full amount of the price.
Definition of variables: Deviation = difference between actual acknowledgment delay and expected delay based on order priority; EDIGOOD = percentage orders dealers transmitted by EDI with no errors; EDIBAD = percentage orders dealers transmitted by EDI with errors; Product Complexity = an equally weighted index of standardized values of lines per order, number of finish codes, number of unique finish codes, and average item cost; Price Quotes = percentage of orders completed that require manual pricing; Custom Quotes = percentage of orders completed that include at least one custom material; and Engineering Quotes = percentage of orders completed that require manual verification of engineering designs.

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