In exchange parlance, an order by a customer to buy or sell that has not yet been executed. – See execution, complete, fill-or-kill order, iceberg order, open contract, stack of cards, order, valid for the day, time-of-day order.
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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/