An order that is placed for execution, if possible, during only one trading session. If the order cannot be executed that day it is automatically cancelled.
You may also like
The excess subscription amount received by the company in case of an oversubscribed IPO is called oversubscription.
Securities issued to existing investors as on a specific cut-off date, enabling them to buy more securities at a specific price.
A note issued by a broker to his client setting out the number of securities bought or sold in the market alongwith […]
They are members of stock exchanges, appointed to facilitate the collection of application forms and bids, also referred to as Syndicate Members. […]