Stopped Order - A market order on the NYSE that is stopped from being executed by the specialist because of a request from a member firm to obtain a better price than that available. According to NYSE rules, once the order is stopped, it must be identified and the specialist must guarantee the market price at the time of the stop should they be unsuccessful in obtaining a better price.
Stopped Order : a market order on the nyse that is stopped from being executed by the specialist because of a request from a member firm to obtain a better price than that available. according to nyse rules, once the order is stopped, it must be identified and the specialist must guarantee the market price at the time of the stop should they be unsuccessful in obtaining a better price.
Stopped Order