Definition: [crh] When two or more orders for a stock at a certain price arrive about the same time, and the exchange's priority rules take effect. NYSE rules stipulate that the bid made first should be executed first, or, ifDefinition: two bids come in at once, the bid for the larger number of shares receives priority. The bid that is not executed is then turned to the Definition: ="/?rd=broker">broker, who informs the customer that the trade was not completed because there was "stock ahead.".
<< Go back