Firm Order

Filed Under »
Dictionary Says

Definition of 'Firm Order'

1. A market order to buy or sell a security for a brokerage's proprietary account. A firm order requires a trader to be fully authorized by the brokerage before executing the transaction.

2. A buy or sell order executed by a broker for a client's account. This is not contingent on the customer's confirmation.
Investopedia Says

Investopedia explains 'Firm Order'

1. A firm order is made for the brokerage's equity portfolio and is held in the firm's trading account. Shares purchased under a firm order are held directly by the brokerage.

2. Full trading authorization is typically required for a broker to execute a transaction on behalf of a client without first confirming the order. This type of trade allows a client to benefit from any timely knowledge the broker may have.
Search results for

'Firm Order'

  • How do I receive sponsorship from a member firm in order to write ...

    http://www.investopedia.com/professionals/FAQs/series7/260304_2.asp
    ... How do I receive sponsorship from a member firm in order to write a Series
    7 exam? In most cases, you obtain sponsorship for the ...

  • Do I need to be sponsored or employed by a member firm in order to ...

    http://www.investopedia.com/professionals/faqs/series 66/240204.asp
    You do not need to be sponsored by a member firm in order to write the Series 66
    exam. However, it is important to remember that successful completion. ...

  • How rapidly can expanding sales reduce a firm's earnings?

    http://www.investopedia.com/ask/answers/116.asp
    ... How rapidly can expanding sales reduce a firm's earnings? In order to operate
    and make money, a company must spend money. Revenue ...

  • Series 6 Study Guide - Securities Markets - Order Qualifiers ...

    http://www.investopedia.com/exam-guide/finra-series-6/securities-markets/order-qualifiers.asp
    ... All-or-None Orders: The order is executed in full, but not necessarily immediately ...
    Quotations: Firm Quotes: All quotes are firm quotes unless otherwise indicated ...

  • Understanding Order Execution

    http://www.investopedia.com/articles/01/022801.asp
    ... they entice the broker with an incentive to direct the order to them or B) the broker
    is not a member firm of the exchange in which the order would otherwise ...

  • Start Your Own Financial Planning Firm

    http://www.investopedia.com/articles/financialcareers/07/start-your-own-firm.asp
    ... a financial services firm is a lot of hard work. Those who fail are often those
    who fail to plan. Read on as we explore the tips you need to know in order to ...

  • How To Pay Your Forex Broker

    http://www.investopedia.com/articles/forex/08/forex-commission-spread.asp
    ... order sends order"? Does it guarantee to execute your stop losses at the
    order price? Does the firm have a dealing desk? What do ...

  • Be A One-Stop Shop For Your Clients

    http://www.investopedia.com/articles/financialcareers/07/multi-service.asp
    ... necessitates having each client sign a set of relevant disclosures allowing for
    the sharing of information between the associates at the firm in order to avoid ...

  • Analyzing The Price-To-Cash-Flow Ratio

    http://www.investopedia.com/articles/stocks/11/analyzing-price-to-cash-flow-ratio.asp
    ... The P, or price, is simply the current share price of the firm. In order to avoid
    volatility in the multiple, a 30- or 60-day average price can be utilized to ...

  • Valuing Private Companies

    http://www.investopedia.com/articles/fundamental-analysis/11/valuing-private-companies.asp
    ... In such a case, those making an investment in a private company must be able to
    make a reasonable estimate of the value of the firm in order to make an ...

Related Articles

Partner Links