Order

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Order

Instruction to a broker/dealer to buy, sell, deliver, or receive securities or commodities that commits the issuer of the "order" to the terms specified. See: indication, inquiry, bid wanted, offer wanted.

Order

An instruction, especially to a broker, to buy, sell, or conduct some other transaction involving a security or commodity. For example, if a client wishes to buy 100 shares in AT&T, he/she makes an order to a broker to that effect. Orders may take a number of forms. A market order is an order to conduct a transaction at the current market price. A limit order is an order to conduct a transaction at a stated price or better. A stop order is an order to conduct a transaction at the best available price after a certain stated price is reached. Finally, a stop-limit order is a stop order that becomes a limit order when the stated price (known as the stop price) is reached.

order

A customer's instructions to buy or sell securities.
References in periodicals archive ?
If the federal government leaves the detainees in the York County prison and only pays the lower rate, it will put York County in the position of having to file a lawsuit or go to arbitration in order to collect the difference.
Just as the No Child Left Behind Act was being passed in January 2002, die Bush administration expanded the domestic war front by issuing a federal mandate requiring universities to update their international student registration-Student and Exchange Visitor Information System (SEVIS)--databases in order to make them accessible to government officials not only from immigration but also from the FBI, CIA, and local police departments.
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