month order

Good-This-Month Order

An order to a broker to buy or sell a security at a certain price, with the order expiring at the end of the calendar month if that price does not become available. If the price does become available during that month, the order is executed. A GTM is similar to a day order, but it remains open for the remainder of the month, instead of the remainder of a day. See also: GTC.

month order

A security order that, if it has not been executed, is automatically canceled at the end of the calendar month during which it is entered. Month orders are monitored by the brokerage firms handling the orders rather than by specialists on the floor of an exchange. Also called good-this-month order.
References in periodicals archive ?
Sentencing him to a 12 month order community and imposing a restraining order against him, Judge Richards told the dad, who now lives in Dorset but visits his children: '
Reid was also given a 12 month order, Earp an 18 month order and Cosnett a ten month order Peter Murray (18), of Springcroft Road, Tyseley, was fined pounds 250 after admitting taking a vehicle without authority.
The Supreme Court had last month ordered the SLMC to also register students who have passed the SLMC examination, for the medical profession in Sri Lanka.
Elin Ersson was last month ordered to pay a fine of 3,000 kronor (324 dollars) over her protest, but appealed the Gothenburg district court's ruling.
The court, which earlier this month ordered to temporarily seize the properties of Imran and Qadri till their production in court, had adjourned the hearing to August 24.
Zimbabwe's government last month ordered that prices be slashed by about 50 per cent to curb inflation, officially at 4,500 per cent but estimated to be twice as high.
After a one-year delay, the Nuclear Regulatory Commission (NRC) last month ordered its staff to prepare a final version of a rule requiring university and industrial research reactors to switch from using highly enriched uranium to a nuclear fuel with a much lower proportion of the uranium isotope U-235 (SN: 4/7/84, p.
Hening was last month ordered to pay pounds 40 million as Revenue & Customs officers applied for a confiscation order to stop him profiting from the crime.