passive order definition
passive order means an order entered into the order book that provided liquidity;
passive order means an order entered in the order book which has increased liquidity. "Aggressive order": an order entered in the order book that reduced liquidity.
passive order means an Order that provides liquidity to the market; by definition Limit Orders are Passive Orders.
More Definitions of passive order
passive order means an order that does not match with an existing order in the central order book when it is entered, or an order that remains unmatched in the central order book; ["principal assignment trade"] [means the assignment of a trade or divided trade or aggregated trades, executed on the central order book of the trading system for a trading member’s principal assignment stock account to a client or clients as a separate trade at a price or at an average price which includes such trading member’s profit;] ["reported transaction"] [means a value eligible transaction in IRC securities or such other eligible transactions that the JSE may determine, as set out in rule 7.120.1, which may be conducted off the central order book of the trading system but must be reported through the trading system;] "top-up margin" means the amount of margin payable as a result of an adverse mark- to-market of unsettled positions in bonds executed on the central order book or negotiated off book and reported to the JSE trading system, and accepted by the respective clearing members as an [reported] off book transaction for risk management purposes; “trade” means to buy or to sell JSE listed securities whether on book or negotiated off book and reported to the JSE trading system; [“trading system”] [means the computer system or systems and associated network or networks operated or used by the JSE for thepurpose of providing a market for the trading of IRC securities;]
passive order means an order entered into the order book that provided liquidity - not applicable to GWG (Cyprus) Ltd as we do not operate the order book.
passive order means an order entered into the order book that provided liquidity. This information is not available for this report.
passive order means an Order that provides liquidity to the market; by definition Limit Orders as they are defined in section 6 are Passive Orders.
passive order means an order entered into the order book that provided liquidity; (b) ‘aggressive order’ means an order entered into the order book that took liquidity; (c) ‘directed order’ means an order where a specific execution venue was specified by the client prior to the execution of the order.
passive order means an order entered into the order book that provided liquidity - not applicable to eToro EU as the Company do not operate the order book.