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Off-floor order

Definition: [crh] Used for listed equity securities. (1) Order to buy or sell a security that originates off the fDefinition: loor of an exchange; customer orders originating with brokers, as distinguished from orders placed by floor memDefinition: bers trading for their own accounts. Exchange rules require that an off-floor order be executed before orders inDefinition: itiated on the floor. Upstairs order. Antithesis of on-floor order; (2) order not handled on the floor but instead upstairs.

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