| 释义 |
Market Not Held Order Market Not Held OrderAlso a market order, but the investor is allowing the floor broker to use his own discretion as to the exact timing of the execution. If the floor broker expects a decline in price and he is holding a "market not held buy order", he (she) may wait to buy, figuring that a better price will soon be available. There is no guarantee that a "market not held order" will be filled.Market Not Held OrderAn order to a broker to buy or sell a security at a certain price or better. This gives the broker the discretion to execute it at any time. As a result, he/she is not held responsible for missing the desired price and executing at a worse price. A market not held order is not executed immediately, but rather when the broker believes it is the best time to do so.market not held order See not held. |