A customer initiated order for the purchase of sale of a security which directs it to a specific stock exchange for execution. The ability of customers to direct their orders has increased the competitiveness of bid offerings by the various exchanges.
Related information about directed order:
- Directed Order Definition | Investopedia
A customer order to buy or sell securities, wherein the customer gives specific instructions to the broker or dealer for the order to be routed to a particular ...
- Non-Directed Order Definition | Investopedia
A customer order where specific instructions are not given, by the customer to the broker, pertaining to its routing destination.
- Directed Order - Financial Dictionary - The Free Dictionary
An order from a client to a broker that includes instructions on what exchange to use. For example, if the client is only interested in buying the stated security on ...
- PHLX XL Directed Order Flow
The PHLX XL directed order flow program offers order flow providers the ability to direct order flow in options classes to specific PHLX Specialist(s), Streaming ...
- BATS Eyes Directed Orders
The BATS Exchange Options Market is seeking approval from the Securities and Exchange Commission to offer a directed-order program. Such programs ...
- What is directed order? definition and meaning
Definition of directed order: A customer initiated order for the purchase of sale of a security which directs it to a specific stock exchange for execution. The ability ...
- Directed Order update
Feb 5, 2010 ... Date: February 5, 2010. Audience: NYSE Amex options participants. Subject: Directed Order update – expanded Order Types accepted ...
- Notice of Filing and Immediate Effectiveness of Proposed Rule ...
Apr 11, 2012 ... Rule 4751(f)(9) defines a “Directed Order” as an order that is directed to an ... to accurately reflect the configuration of the Directed Order router.