Examples of Call Market Order in a sentence
Specific to the entry of orders in a dark pool, UMIR section 6.3 (h) provides that if the client has directed or consented to the order being entered on a marketplace as: (i) a Call Market Order or (v) a Market-on-Close Order, a participant has always had the ability to send smaller orders to dark destinations.
The exception that is provided for a principal or non-client order which is a Call Market Order, Opening Order, Market- on Close Order or a Volume-Weighted Average Price Order recognizes that the price at which such an order may execute will not generally be known at the time the principal or non-client order is entered on a marketplace.
Specifically, a Call Market Order is defined by UMIR as an order that is entered on a marketplace on a trading day at a price to be established by the trading system of the marketplace.
However Policy 6.1 provides exceptions for a Basis Order, Call Market Order, or a VWAP Order.
UMIR defines a number of “specialty” type of orders such as: a Basis Order; a Call Market Order; a Market-on-Close Order; an Opening Order; a Special Terms Order; or a Volume-Weight Average Price Order.the introduction of BlockBook as an alternative trading system in mid-20053 and was subsequently been incorporated into guidance issued by RS with respect to securities trading on multiple marketplaces.4 The Amendments modified the Revised Off-Marketplace Proposal to reflect the guidance issued by RS.