Home > Term: fractional discretion order
fractional discretion order
A type of order that gives the broker discretion to alter the price, up or down, within a specific fractional range in order to guarantee an execution.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
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Creator
- Jessehe
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(V.I.P) 32013 points - 40.13% positive feedback
