split order

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Split order

A large securities transaction that is divided into smaller orders that are spread out over some period of time to avoid large fluctuations in the market price.

Split Order

An order to buy or sell a security that, because of its size, is executed as two or more smaller orders. The order is split in order to reduce the pressure for a large price fluctuation that can occur when such orders occur. The exact size of a split order varies according to security. For example, a stock with relatively few shares outstanding will likely have a smaller threshold for a split order than others. Most of the time, split orders are made by institutional investors. Split orders are common among significant orders.

split order

A relatively large single order that is executed in two or more transactions to minimize its effect on the market price of the security being bought or sold.
References in periodicals archive ?
The benefits will be a framework agreement to split orders without minimum or maximum pursuant to Articles 78 and 80 of Decree No 2016-360 of 25.3.2016 on publics.II.2.5 markets) Award criteria
Historically, basket trades have been passed from the buy-side to sell-side program trading desks, which then split orders across multiple desks depending on the region or country being traded.
The firm also alleged that he had ordered expensive products because of his personal relationships with the companies he ordered from, and split orders to avoid getting authorisation from the general manager.
Other enhancements include a more flexible user interface, a new connection wizard, multiple tax, currency and delivery options, stock monitoring and support for split orders.
MDSS, Inc., offers a scheduler in its Plastics Plus package that can split orders and overlap operations, according to president John Liebert.
the contract is a framework service agreement to split orders under Articles 78 and 80 of no2016-360 Decree of 25 March 2016 on public procurement.
Main features: benefits will be subject to a framework agreement to split orders pursuant to Article 78 to 80 of Decree o 2016-360 of 25 March 2016 on Public procurement.
An open tender to split orders for the supply of food for the restaurant and the county administrative manger.
Markets "to split orders" concluded with a minimum and a maximum amount for lots 1 and 2 and concluded without minimum or maximum value, and quantity, for lot 3.
Main features: to split orders market without minimum and a maximum of 50 000,00 euros HT () annual for all lots and for a period of one year, renewable) (1 (2) two times