Order splitting

Order splitting
Breaking up orders so that they can be processed as small orders for execution by SOES. Prohibited by NASD.
Order ticket
A form detailing an order instruction that a customer gives an account executive.

Order Splitting
When brokers split up larger orders to qualify them for the Small Order Execution System (SOES) and, therefore, have them automatically executed.

See also: All or None Order, Broker, Immediate or Cancel Order, Limit Order, Market If Touched (MIT), Market Order, Order Splitting, Stop Order
? Mentioned in
At-The-Close Order
Batch Trading
Below the Market
Book-to-Bill Ratio
Bracketed Buy Order ...

The brokerage firm department receives and processes all orders to buy and sell securities.
Order splitting
Breaking up orders so that they can be processed as small orders for execution by SOES. Prohibited by NASD.
Order ticket ...

Best Execution Requirement (finance term)
Crossed Market (finance term)
Dividend Notification (finance term)
Five Percent Rule (finance term)
Order Splitting (finance term)
Margin Account (business term) ...

order splitting
order ticket
ordinary income
ordinary interest
ordinary life insurance
ordinary shares
organization chart
Organization of Petroleum Exporting Countries (OPEC)
organized securities exchange
original cost ...

See also: Ordinary income, Government securities, Limit Order, Expense, Off-balance-sheet