See Also: Not held order (NH order)(finance)
Not held order (NH order)(money)
Held order(finance)
Held order(money)
Market Not Held Order(money)
Market not held order(finance)
money order(encyclopedia)
Money order(money)
money order(dictionary)
Money order(finance)

Not held order (NH order) (money)


Definition: [crh] Applies mainly to international equities. Market or limit order in which the customer does not desire to transacDefinition: t automatically at the inside market (market held) but instead has given the trader or floor broker (listed stock) time and price discretion in transacting on a best-efforts basis. This will not hold the brokDefinition: er responsible for missing the price within the limits (limit not held) or obtaining a worse price (market not held). The order is marked "not held, disregard tape/DRT, Definition: take time" or bears any such qualifying notation, excluding "or better." See: Held order.