Common use of Types of stock market orders Clause in Contracts

Types of stock market orders. The following types of stock market orders are permitted on online and telephone services: • the “limit price” order allows the buyer to set a maximum price and the seller to set a minimum price at which the order will be executed. The order may be executed at several times or partially. • the “best limit” order is executed at the best price offered at the time of its arrival on the market. It is possible that it may not be executed due to a lack of funds. In case of partial execution, the fraction of the order not executed becomes a limited order during the first execution.

Appears in 4 contracts

Samples: Securities Account Agreement, Registered Securities Account Agreement, Securities Account Agreement

AutoNDA by SimpleDocs

Types of stock market orders. The following types of stock market orders are permitted on through online and telephone services: • the "limit price" order allows the buyer to set a maximum price and the seller to set a minimum price at which the order will be executed. The order may be executed at several times in stages or partially. • the "best limit" order is executed at the best price offered at the time of its arrival on the market. It is possible that it may not be executed due to a lack of funds. In case of partial execution, the fraction of the order not executed becomes a limited order during the first execution.

Appears in 1 contract

Samples: Registered Securities Account Agreement

AutoNDA by SimpleDocs

Types of stock market orders. The following types of stock market orders are permitted on online and telephone services: the “limit price” order allows the buyer to set a maximum price and the seller to set a minimum price at which the order will be executed. The order may be executed at several times or partially. the “best limit” order is executed at the best price offered at the time of its arrival on the market. It is possible that it may not be executed due to a lack of funds. In case of partial execution, the fraction of the order not executed becomes a limited order during the first execution.

Appears in 1 contract

Samples: Securities Account Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!