Runner

Filed Under » , , ,
Dictionary Says

Definition of 'Runner'

A broker employee who delivers a market order to the broker's floor trader. After a customer places an order to the broker's order taker, the runner will pass the instructions to the pit trader and wait for confirmation. Once the trade is executed, the runner will return to the order taker, confirming the order has been filled.
Investopedia Says

Investopedia explains 'Runner'

Runners are an important link between the customer and the floor trader. They are responsible for passing on the a customer's order to the broker in a timely fashion. The runner communicates all terms associated with a market order and whether the order is of a specific type. As exchanges have slowly shifted from a floor-based trading environment to electronic platforms, the need for runners has decreased as orders are processed electronically.

Related Definitions

Search results for

'Runner'

  • Sports With Winning Bonuses - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/Sports-With-Winning-Bonuses.aspx
    ... Team Bonus (USD). Champion. $2,125,137. Finals runner-up. $1,408,168. Conference
    finals losers. ... Champion. $75,000. Finals runner-up. $45,000. Conference finals losers ...

  • Upwardly-Revised Estimates Are Few And Far Between

    http://stocks.investopedia.com/stock-analysis/2011/Upwardly-Revised-Estimates-Are-Few-And-Far-Between-TSO-CSC-HIG-MRO1007.aspx
    ... Computer Sciences Corp. (NYSE:CSC) If Tesoro "won" the upward revision
    award, then Computer Sciences Corp. is a close runner-up. ...

  • And The King of R&D Spending Is - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0911/And-The-King-of-RD-Spending-Is.aspx
    ... By the end of the year, the US will have put an estimated $405.3 billion toward
    R&D, more than two-and-a-half times the $153.7 billion of runner-up China. ...

  • 10 Hurdles To Closing On A New Home

    http://www.investopedia.com/articles/mortgages-real-estate/09/10-problems-prevent-closing.asp
    ... May 14 2009 | Filed Under ยป Insurance. Having your home purchase offer accepted
    is like getting that runner's high during a marathon. ...

  • Take A Tour Of The Futures Trading Pit

    http://www.investopedia.com/articles/optioninvestor/07/thepit.asp
    Discover why controlled chaos can mean an exciting investment experience for you.

  • Q2's Studs And Duds

    http://stocks.investopedia.com/stock-analysis/2011/Q2s-Studs-And-Duds-CROX-SHOO-ERTS-WY-UFPI-ANR-BTU-ACI0705.aspx
    ... The runner-up in the winner category is home entertainment software; the S&P 1500
    Home Entertainment Software Index advanced 16.1% last quarter. ...

  • Off The Beaten Path, But Blazing A Trail

    http://stocks.investopedia.com/stock-analysis/2010/Off-The-Beaten-Path-But-Blazing-A-Trail-ABVT-ORCL-GSB-FFIV-CTCH0915.aspx
    ... takes the top honor. GlobalScape (NYSE:GSB) is the runner up, though it's
    been a little less impressive of late. While it's a little ...

  • European ETFs: Soccer Finalists In Focus

    http://stocks.investopedia.com/stock-analysis/2008/European_ETFs_Soccer_Finalists_In_Focus_EWP_EWG.aspx
    ... The Match Runner Up - Germany The iShares MSCI Germany Index (AMEX:EWG) is down
    nearly 15% since the beginning of the year while its benchmark, the MSCI ...

  • 4 Reasons To Buy Brown-Forman

    http://stocks.investopedia.com/stock-analysis/2011/4-Reasons-To-Buy-Brown-Forman-NYSEBF-B-DEO-FO-STZ-VCO0330.aspx
    ... The only problem with this scenario is Diageo is also the front-runner to snag Fortune
    Brands' (NYSE:FO) liquor assets for an estimated $10 billion. ...

  • How To Decorate On A Budget - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/How-To-Decorate-On-A-Budget.aspx
    ... pinking shears (which give you a decorative edge without sewing) cut an edge on
    the fabric and drape it across your sofa to add color, or create a table runner ...

Related Articles

Partner Links