HomeDefinitionsCompareDebt Off floor orderThe financial definition for Off floor order:Used for listed equity securities. (1) Order to buy or sell a security that originates off the floor of an exchange; customer orders originating with brokers, as distinguished from orders placed by floor members trading for their own accounts. Exchange rules require that an off-floor order be executed before orders initiated on the floor. Upstairs order. Antithesis of on-floor order; (2) order not handled on the floor but instead upstairs. Similar MatchesEquity floorEquity floorAn agreement in which one party agrees to pay the other at specific time periods if a specific stock market benchmark falls below a predetermined level. FloorFloorThe area of a stock exchange where active trading occurs. Also the price at which a stop order is activated (when the price drops low enough to activate such an order). Floor brokerFloor brokerMember of an exchange who is an employee of a member firm and executes orders, as agent, on the floor of the exchange for clients. Further SuggestionsFloor officialFloor picture Floor planning Floor ticket Floor trader Interest rate floor On floor order Click to compare definitions of Off floor order Click to view definitions beginning of |