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Not Held

(NH) - Allowing the floor broker working the order to exercise discretion.

Additional Comments:

It is possible for an order to be returned at the end of the day to the representative who wrote the ticket as “Nothing done on Not Held Order” if the floor broker felt strongly that the order should not be executed.

Related Terms:

Fill or Kill
(FOK) - An order where a precise number of contracts must be filled or the order ...

Market Order
An order to buy or sell securities at the price given at the time the order ...

Held Order
An order that must be executed without hesitation or if the stock can be bought or ...

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