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Pan

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Alias Born 03/27/2009

Pan

Re: Pan post# 25

Thursday, 03/04/2010 2:43:44 PM

Thursday, March 04, 2010 2:43:44 PM

Post# of 46
AON DNR GTC order types




http://www.investopedia.com/terms/d/dnr.asp

http://www.investopedia.com/terms/a/aon.asp

http://www.investopedia.com/terms/g/gtc.asp


AON - AON orders are qualified as All-or-None. A buy or sell order can be marked AON to signify that no partial transaction is to be executed. This type of instruction cannot be used for orders less than 101 shares.

DNR - DNR orders are qualified as Do-not-Reduce. A limit order to buy, a stop order to sell, or a stop-limit order to sell can be marked so that it is never reduced. Specialists will otherwise automatically reduce all orders below the market by the amount of a cash dividend on the ex-dividend date.

AON DNR - AON DNR orders are qualified as both All-or-None and Do-not-Reduce. An order can be marked AON DNR to signify that no partial transaction is to be executed and it is not to be reduced. Specialists will otherwise automatically reduce all orders below the market by the amount of a cash dividend on the ex-dividend date. Only limit orders can be qualified as AON DNR.

CLO - CLO orders are qualified as At-the-Close. A CLO qualifier requests that your order be executed as close to the closing price as possible. There is no guarantee that the price will be the closing price. This qualifier on an order must be placed between 3:00 pm - 3:40 pm (EST) for all stocks.

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