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Directed Order
What Does Directed Order Mean?
A customer order where the customer gives specific instructions to the broker concerning the orders routing destination.
Investopedia explains Directed Order
In this automated era, clients can chose which exchange to have orders filled at. Talk to your broker about it.
Related Links
- The Nitty-Gritty Of Executing A Trade - Ever wonder what happens behind the scenes when you buy or sell a stock? Read on and find out!
- Understanding Order Execution - Find out the various ways in which a broker can fill an order, which can affect costs.
- Why can't I enter two sell orders on the same stock? -
- Can a stop-loss order be used to protect a short sale transaction? -
- Electronic Trading: Introduction - 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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