Customer’s order to the bank or stockbroker to buy a financial product or commodity in a certain quantity. However, if this cannot be done due to market conditions, the order is completely withdrawn (instructing the broker to offer or bid one time only; if the order is not filled immediately, it is then automatically canceled). – See execution, complete, firm order, market-if-touched order, order, valid for the day.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/