Meaning OFF-FLOOR ORDER: Used for listed equity securities. (1) Order to buy or sell a security that originates off the floor of an exchange; customer orders originating with brokers, as distinguished from orders placed by floor members trading for their own accounts. Exchange rules require that an off-floor order be executed before orders initiated on the floor. Upstairs order. Antithesis of on-floor order; (2) order not handled on the floor but instead upstairs
More terms such as Off-floor order in Dictionary O.
- Definition Overbought-Oversold Indicator:
- Examples An indicator that attempts to define when prices have moved too far and too fast in either direction and thus are vulnerable to reaction off-floor order definition.
- Definition Oversubscription Privilege:
- Examples In a rights issue, arrangement by which shareholders are given the right to apply for any shares that are not taken up off-floor order explain.
- Definition Oslo Stock Exchange:
- Examples An exchange founded in 1819 and trading stocks, bonds, and stock options that is considered the options market of Norway off-floor order what is.
- Definition Other Long-Term Liabilities:
- Examples Value of leases, future employee benefits, deferred taxes, and other obligations not requiring interest payments that must be paid over a period of more than one year off-floor order meaning.
- Definition Order Ticket:
- Examples A form detailing an order instruction that a customer gives an account executive off-floor order abbreviation.
