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Upstairs order

Business Upside potentialUptick rule

Upstairs order
Used for listed equity securities. Off-floor order.
Upswing ...

 


Upstairs order. Antithesis of on-floor order; (2) order not handled on the floor but instead upstairs. Offer Indicates a willingness to sell at a given price. Related: Bid. Offer price See: Offer.

Used for listed equity securities. Security order originating with a member on the floor of an exchange when dealing with his or her own account, versus an upstairs order. Antithesis of off-floor order.
On the money ...

On-floor order
Used for listed equity securities. Security order originating with a member on the floor of an exchange when dealing with his or her own account, versus an upstairs order. Antithesis of off-floor order.

See also: Long position, Ticker tape, Off-floor order, Forward rate, Funded pension plan

Business Upside potentialUptick rule

 
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