Examples of Priority Customer in a sentence
Priority Customer OrderThe term “Priority Customer Order” means an order for the account of a Priority Customer.
Priority Customer liquidity benefits all market participants by providing more trading opportunities, which attracts Market Makers.
A ‘‘Professional Customer’’ is a person or entity that is not a broker/dealer and is not a Priority Customer.
If there are two or more Priority Customer Orders for the same options series at the same price, priority shall be afforded to such Priority Customer Orders in the sequence in which they are received by the System.
If there is other interest at the NBBO, after all Priority Customer Orders (if any) at that price have been filled, executions at that price will be first allocated to other remaining Market Maker priority quotes, which have not received a participation entitlement, and have precedence over Professional Interest.