Protect


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Protect

Assure the salesperson or trader that interest, buy or sell, will be attended to, given any change in the trading circumstances, as follows:
At a price: If the stock trades at a certain price or price range, the trader will show this market to the salesperson and thus allow participation under these favorable circumstances.
Floor protection: Representation of a client on the floor of the exchange-so that if size were to trade at his price or a better price, salesperson would participate.
Volume (OTC): If a certain amount of volume trades (that parallels the protectee's interest), trader assures salesperson of reasonable participation in the trading activity. The extent of this protection depends on liquidity, number of market makers, and other aspects of the stock.
References in classic literature ?
They appear even now preparing to advance God of Zion, protect us
You and your panthan saved me from Luud and I but do what your panthan would do were he here to protect you.
You shall remain here if you insist and I will be with you to serve and protect both you and your father.
He is in trouble now and we should stay and protect him.
If you take me as a partner in order to protect me .
The answer, in substance, was that the law might protect me, provided I had money to spend in asking some higher court to grant me a separation.
How am I to protect Grace, how am I to protect myself, if she comes here again?
The Cockney strove in vain to protect himself from the infuriated boy.
And when, on the morrow, she presented Elizabeth to me as her promised gift, I, with childish seriousness, interpreted her words literally and looked upon Elizabeth as mine--mine to protect, love, and cherish.
Remembering my father's hospitality protect these orphans.
Doubtless, I am; the loss of this money would have been inexpressibly great to me: but I was certain that God, who protects the good cause, would not have permitted this gold, which should procure its triumph, to be diverted to baser purposes.
Here, the law protects all citizens; and no one is allowed to do justice for himself.

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