Directed order definition

Directed order means an order where a specific execution venue was specified by the client prior to the execution of the order.
Directed order means a customer order that the customer specifically in- structed the broker or dealer to route to a particular venue for execution.
Directed order means an order where a specific execution venue was specified by the client prior to order execution

Examples of Directed order in a sentence

  • Directed order A ‘directed order’ within the framework of individu- al financial portfolio management for professional clients means an order where specific intermediaries (brokers or execution venues) were specified by a client of the Companies prior to the execution of the order.

  • This is not applicable as iTrade Global (CY) Ltd does not operate an order book. Directed order: an order where the client has specified an execution venue for the order, prior to execution. Volume traded: The volume of trade as the notional value attached to that specific trade.*All definitions are set by the Directive 2014/65/EU of the European Parliament and of the Council.

  • Directed order flow is essentially a contract between two firms that forces a trading firm to pass on apercentage of business to a market maker and at specific prices, regardless of the wishes of the investor.

  • Directed order flow, the only major institutional feature of the market left untouched, played a primary role in each model’s description of market inefficiency.

  • Directed order An order where a specific execution venue was specified by the client prior to the execution of the order.


More Definitions of Directed order

Directed order means an order where a specific execution venue was specified by the client prior to the execution of the order.We note that, the Company does not execute passive, aggressive or directed orders. All orders are treated as market orders in which the execution might be at a price significantly different from the prevailing market price when the order was entered or from the price specified in a pending order.
Directed order means an orderfrom a customer that the customer specifically instructed the broker or dealer to route to a particular venue for execution.
Directed order means an order of the type described in Rule 509.
Directed order means an order where a specific execution venue was specified by a Client prior to the execution of the order;
Directed order has the meaning set forth in Section 2.2.
Directed order means an order where a specific execution venue was specified by the
Directed order means an order where a specific execution venue was specified by the client prior to the execution of the order; not applicable therefore deemed as 0%.