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Glossary   >   B   >   "Buy minus order" Definition            Buy minus order Used in the context of general equities. Rare market or limit order to buy a stated amount of a stock provided that the price to be obtained is not higher than the last sale if the last sale was a minus or zero-minus tick, and is not higher than the last sale minus the minimum fractional change in the stock if the last sale was a plus or zero-plus tick. (if limit, then the buy cannot occur above the limit, regardless of tick.) 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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Buy minus order \ Used in the context of general equities. Rare market or limit order to buy a stated amount of a stock provided that the price to be obtained is not higher than the last sale if the last sale was a minus or zero-minus tick, and is not higher than the last sale minus the minimum fractional change in the stock if the last sale was a plus or zero-plus tick. (if limit, then the buy cannot occur above the limit, regardless of tick.)