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How to read an order...


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#1 anupdodia

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Posted 02 April 2008 - 10:44 AM

Hi All, This Is My First Post And I Am Doing A Mini Project About Trading Language . I Would Really Appreciate Any Help Comng My Way! My First Quick Questions Is About Orders. In Particular How To Interpret Certain Orders. 1. Buy/sell 10,000 Share X And 1/3 Of The Volume. 2. Buy/sell At Market 10,000 Share X. 3. Buy/sell 10,000 Share X @ 15.55 Limit. 4. Buy/sell 10,000 Share X @ 20% the Volume Limit 15.55. 5. Buy/sell 10,000 Share X @ 20% the Volume. If Someone Can Give Me A Simple Break Down Of These, I Would Really Appreciate It. Thanks, Anup

#2 marco

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Posted 02 April 2008 - 06:56 PM

Never heard of an order conditioned on volume. Maybe I need to get a new broker!

Anyway, here's an article that will help you on the rest - market and plain vanilla limit orders:

http://www.investope...s/03/032103.asp