Not held order (NH order)

Definition: [crh] Applies mainly to international equities. Market or limit order in which the customer does not desire to transacDefinition: t automatically at the inside market (market held) but instead has given the trader or floor broker (Definition: HREF="/?rd=listed+stock">listed stock) time and price discretion in transacting on a best-efforts basis. This will not hold the brokDefinition: er responsible for missing the price within the limits (limit not held) or obtaining a worse price (market not held). The order is marked "not held, disregard tape/DRT, Definition: take time" or bears any such qualifying notation, excluding "or better." See: Held order.

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