Meaning BUY MINUS ORDER: In the context of general equities, rare market or limit order to buy a stated amount of a stock, provided that the price to be obtained is not higher than the last sale if the last sale is a minus or zero-minus tick, and is not higher than the last sale minus the minimum fractional change in the stock if the last sale is a plus or zero-plus tick. (If limit, then the buy cannot occur above the limit, regardless of tick.)
More terms such as Buy minus order in Dictionary B.
- Definition Back-Testing:
- Examples Creating a hypothetical portfolio performance history by applying current asset selection criteria to prior time periods buy minus order definition.
- Definition Barrier Options:
- Examples Option contracts with trigger points that, when crossed, automatically generate buying or selling of other options. These are exotic options buy minus order explain.
- Definition Bear CD:
- Examples A bear CD pays the holder a fraction of any fall in a given market index buy minus order what is.
- Definition BARRA'S Performance Analysis (PERFAN):
- Examples by BARRA, a consulting firm in Berkeley, Calif. It is commonly used by institutional investors applying performance attribution analysis to evaluate their money managers' performance buy minus order meaning.
- Definition Beneficial Ownership:
- Examples Often used in risk arbitrage. Person who enjoys the benefits of ownership even though title is in another name. (Abused through the illegal use of a parking violation buy minus order abbreviation.
