An order which gives the broker the authority to determine when and at what price to execute the transaction.
Related information about discretionary order:
- Discretionary Order Definition | Investopedia
An order giving a broker the ability to decide when to buy/sell securities at the best possible price for the customer. Some discretionary orders place restrictive ...
- Discretionary Order - Financial Dictionary - The Free Dictionary
A type of buy order or sell order that gives the broker the freedom and power to make the execution at any time and price that is seen fit and reasonable, given ...
- Discretionary Orders
A Discretionary order is a limit order with a defined amount off the limit price (for example $.05) which may be used to increase the price range over which the ...
- What is discretionary order? definition and meaning
Definition of discretionary order: An order which gives the broker the authority to determine when and at what price to execute the transaction.
- discretionary order - Invest Definition
discretionary order definition: An order to purchase a stock, futures contract, or other investment that lets the broker determine at what price the order will be ...
- Discretionary Order: Definition from Answers.com
order to buy a particular stock, bond, or commodity that lets the broker decide when to execute the trade and at what price.
- What is a Discretionary Order?
Discretionary orders are transactions that are made on behalf of an investor without receiving specific permission to initiate the transaction. Brokers and portfolio ...
- NYSE Arca Equities Order Types | U.S. Equities
Discretionary Order. An order with two price components — a display price and a discretionary price — that is displayed at your specified price, not your ...