selling order

Kulagin dictated a series of selling orders into his microphone.

The trading system is an order driven system, which matches buying and selling orders of the investors.

On Nov. 15, there were substantial selling orders for stocks, related to the expiration, helping to drive prices lower.

A surge in selling orders by a large Japanese brokerage after the midday break added to the swift decline, brokers said.

This morning, the selling orders so outnumbered the buy orders that trading could not open, but the price indication was 469,000 yen.

This is acknowledged backhandedly by the cynical proposal of spokesmen for the portfolio-insurance industry that their selling orders should be executed ahead of all others (Business Day, Jan. 13).

Eager to get out, and unwilling to sell at the very low prices bid in the Chicago pits, the pension funds abandoned their failed insurance theories and shifted their selling orders onto the stock market floor itself.

"There's no way a deep discounter could survive without selling order flow or taking the other side" of transactions, he said, adding that low commissions may benefit small investors more than getting a shot at a better price on the Big Board.