Fill Order
An order that must be filled immediately (or canceled).
Filter Point
The time at which a portfolio insurance program makes an adjusting trade.
Minimum Fill Order
A special term order with a minimum fill condition will only begin to trade if its first fill has the required minimum number of shares.
Fill Order: An order that must be filled or canceled immediately.
Filter: A device or program that separates data, signals or information.
Filter Point: The time at which a portfolio insurance program makes an adjusting trade.
Fill: An executed order; sometimes the term refers to the price at which an order is executed. Fill Order: An order that must be filled immediately (or canceled).
A person assigned to a certain stock or stocks on the floors of NYSE and Amex, who must insure a fair and orderly market and fill orders out of his or her own account when no matching order exists. They trade for their own account.
Through this transaction, the MM will profit anywhere from a few cents to a whole dollar per share, in average circumstances. Over the course of a single day, a MM may fill orders for hundreds of thousands or millions of shares.
it effectively can decrease their inventories and increase overall efficiencies. Decreasing inventory allows companies to decrease waste, which saves lots of money; however, this often comes at the cost of slower completion times to fill orders. ...
Under old NASDAQ "order handling rules", market makers had to fill orders for up to 1000 shares. The new (as of 1/24/97) rules - which tend to protect market makers from so-called "SOES Bandits" (q.v.) - reduce this size to only 100 shares.
 See also: Market, Short, Trading, Share, Orders
  
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