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Market Trader Glossary:
Off-floor order
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Definition: |
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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. |
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Related Links:
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Before investing into
Index Trading
it is recommend to have basic knowledge about indexes and the way you may trade
them - what exchange trading funds, options, index tracking funds and index
emini could be used.
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