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Glossary   >   E   >   "Execute and eliminate order" Definition            Execute and eliminate order An order submitted to the electronic order book with a specified size and limit price which may execute, either in part or in full, against eligible orders at the price of those orders with any unexecuted portion being rejected from the order book. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Execute and eliminate order - An order submitted to the electronic order book with a specified size and limit price which may execute, either in part or in full, against eligible orders at the price of those orders with any unexecuted portion being rejected from the order book.