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Definition of 'Directed Order'
A customer order where the customer gives specific instructions to the broker concerning the orders routing destination.
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Investopedia explains 'Directed Order'
In this automated era, clients can chose which exchange to have orders filled at. Talk to your broker about it.
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Ever wonder what happens behind the scenes when you buy or sell a stock? Read on and find out!
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Find out the various ways in which a broker can fill an order, which can affect costs.
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Learn about the systems that run the market. Topics include market makers, specialists, SuperDOT, ECNs, SOES, Level I, II, and III Access, and more.
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