resting order
- An order placing a limit to either buy below or sell above the current market price, held by a floor broker, and can be either a day order or an open order
- Despite the volatile market, the investor submitted a resting order to the floor broker.
- The broker held a resting order for two thousand shares at a price point below the current market rate.
- A resting order was in place, setting a sell limit above the prevailing market rate.
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