discretionary order investment & finance definition
An order to purchase a stock, futures contract, or other investment that lets the broker determine at what price the order will be executed at and when it will be executed.
Discretionary orders are transactions that are made on behalf of an investor without receiving specific permission to initiate the transaction.
Discretionary order
A type of buy order that gives the broker the freedom and power to make the execution at any time and price that is seen fit and reasonable, given the investor's goals.
Discretionary orders: Orders where the customer allows the registered representative to decide whether to buy or sell, which security; and the number of shares.
26. Discretionary order
It is an order placed by a client to buy or sell shares at whatever price the broker thinks reasonable. This is possible only when the client has complete faith on the broker.
27. Ex-bonus ...
Discretionary order
A type of buy order or sell order that gives the broker the freedom and power to make the execution at any time and price that is seen fit and reasonable, given the investor's goals.
Definition
Bunched order
A discretionary order entered on behalf of multiple customers.
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Bunched Order: A discretionary order entered on behalf of multiple customers.
discretionary order This is an order giving the right to determine when and at what price to execute a transaction to the broker. discretionary trust A trust that provides an investor a wide variety of options.
 See also: Order, Broker, Share, Securities, Limit
  
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