order plus sell what is
Meaning of Sell plus order explanation. What is provided that the price to be obtained is not lower.

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Sell plus order definition

Meaning SELL PLUS ORDER: Market or limit order to sell a stated amount of stock provided that the price to be obtained is not lower than the last sale if the last sale was a plus, or zero plus tick, and is not lower than the last sale plus the minimum fractional change in the stock if the last sale was a minimum or zero minimum tick. (In a limit order, sale cannot be lower than the limit, regardless of tick.)

More terms such as Sell plus order in Dictionary S.

Definition Spousal IRA:
Examples An individual retirement account in the name of an unemployed spouse sell plus order definition.
Definition Stock Record:
Examples The accounting a brokerage firm keeps of all securities held in inventory sell plus order explain.
Definition Short Interest:
Examples shares of a security that investors have sold short and that have not been repurchased to close out the short position. Usually, investors sell short to profit from price declines. As a result, the sell plus order what is.
Definition Signal:
Examples information through a firm's actions. The more costly it is to provide a signal, the more credibility it has. For example, to call a press conference and tell everyone that the firm's sell plus order meaning.
Definition Swap Sale:
Examples assignment, a transaction that ends one counterparty's role in an interest rate swap by substituting a new counterparty whose credit is acceptable to the other original counterparty sell plus order abbreviation.
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