Principal Order

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Principal Order

An order made by a brokerage on its own account, as opposed to a client's. Principal orders must be registered as such on the exchange where they are made to protect investors from abuse or possible insider trading. In a principal order, the broker acts as a dealer because it seeks to trade on its own account. See also: Principal Trade.
References in periodicals archive ?
The principal orders the services on a case-by-case basis.
Garment industry in Indonesia is considered the most ready to absorb the transfer of the principal orders from China, the loss of competitiveness and began to move into high-tech industry.
Among the principal orders of reference from the Assembly, it should be noted that the Subcommittee of the National Assembly met on three occasions this winter to examine the two parliamentary reform proposals tabled in June 2004.