Buy Order definition
Examples of Buy Order in a sentence
Where Gapping occurs in a market during trading hours, any Buy Order below the market or Sell Order above the market will always be filled at the requested price but Sell Orders below the market or Buy Orders above the market may be subject to Slippage.
Such discontinuation shall take effect on a date specified by Supplier in a notice of discontinuation, which date shall not be earlier than one (1) year from the date of the notice of discontinuation; subject to the right of the Buyer to submit a Last-Time Buy Order in accordance with Section 4.5.
The Bank is under no obligation to check the balance of the Settlement Account and the Customer will remain liable for all settlement obligations arising out of Buy Orders whether or not the Customer had sufficient funds available in the Settlement Account to cover the Buy Order.
This means that during that time, the funds remain in Your Invest Cash Pocket but You can not dispose of them (for example to place a normal Buy Order (Market Order)).
After Your Buy Order in a Financial Instrument is executed, You automatically authorise us to safekeep and administer this Financial Instrument on Your behalf (and for your risk and account) until the moment You sell it.