An order to buy or sell a security that comes from off of the exchange floor, meaning that it is from a broker who is processing an order for a customer, in contrast to an on-floor order, which often comes from a floor member trading for a personal account. Off-floor orders are required to be executed before on-floor orders.
off-floor order - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
Link to this page
Cite this page
MLA Style
"Off-floor order." YourDictionary. LoveToKnow. www.yourdictionary.com/off-floor-order.
APA Style
Off-floor order. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/off-floor-order
