scale order

Scale order

Order to buy (sell) a security that specifies the total amount to be bought (sold) and the amount to be bought (sold) at successively decreasing (increasing) price intervals; often placed in order to average the price.

Scale Order

1. An order to buy a security where the client requests the order be executed at several, different times at successively lower prices. For example, a scale order may be an order to buy on three different occasions when the prices are $11, $10 and $9.

2. An order to sell a security where the client requests the order be executed at several, different times at successively higher prices. For example, a scale order may be an order to sell on three different occasions when the prices are $9, $10 and $11.

scale order

A specialized brokerage order that requests multiple executions at varying prices for the same security; for example, when an investor who wishes to liquidate a security position in a rising market spaces orders to sell specified numbers of shares at half-point price intervals.
References in periodicals archive ?
She has been drawn alongside eight other competitors in the opening race of combined scale order VII and VIII.
Under the Sliding Scale order, the patient was to receive no insulin if his blood sugar was under 200.
The theory of atomic scale order in crystals had long been established based on morphological and optical studies.
Tip Top's last success came on June 22 when he got the better of Royal Salute by four lengths in the same scale order II, II and IV contested over four furlongs.
The Independence Day Cup which is a regular feature for decades, is a combined top scale order I, II, III and IV race to be contested over five furlongs and tops a healthy five-race card that has been drawn for the day.
Both the debutants have been bracketed alongside five opponents in the opening race, scale order VIII, of a four-race card.
According to the cargo handling specialists, the large scale order of straddle carriers will be in service during the second half of 2016.
The first race which is of lowest classification scale order VIII will see nine horses battling it out for honours.
THE RIM JHIM PLATE SCALE ORDER II, III, IV and V 4 F:
The opening race of lowest classification scale order VIII and the last race which is also feature event scale order II, III, IV and V has a equal field of 10 horses while the second race has fivehorses in fray.
THE SUNLIGHT PLATE SCALE ORDER III, IV, V and VI 4 F:
THE WINNER PLATE SCALE ORDER III, IV, V and VI - 4 F: