Investment dictionary

OFFFLOOR ORDER

Off-Floor Order: translation

An investor’s directive to buy or sell securities when that directive is given to a broker, not to a trader working on the trading floor of an exchange. Exchange rules require off-floor orders, which are made on behalf of customers, to be executed before on-floor orders, which are made for exchange members’own accounts. In some cases, an off-floor order can be reclassified as an on-floor order where a conflict of interest might exist.

To be a floor trader, one must be associated with a member firm. Member firms pay hefty fees for the privilege of trading on the floor.


  1. offfloor order—offfloor order translation Used for listed equity securities. order to buy or sell a security that originates off the floor of an exchange customer orders originating wi...Financial and business terms
  2. offfloor order—бирж. внебиржевой приказ приказ брокеру купить или продать ценные бумаги поступивший не из зала биржи а напр. по телефонуem order II . order II . внебиржевой приказ пр...Англо-русский экономический словарь