Market Not Held Order

Also 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 Order

An 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.

单词	market not held order
释义	Market Not Held Order Market Not Held Order Also 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 Order An 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.
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