Firm Order

Firm Order
- A market instruction for a brokerage’s proprietary account to sell/ buy a security. The trader needs to be authorized by the brokerage in order to execute the transaction.
-Buy or sell orders executed by brokers for their clients’ accounts. The customer’s confirmation is not mandatory in some cases.

Related posts:

  1. Firm
  2. Canceled Order
  3. Fill or Kill Order
  4. Limit Order Book
  5. Limit Order

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