Percentage Order

Percentage Order - When an investor is working with an individual or firm that is paid to act on their behalf in the purchasing, trading or selling of stocks (Broker), the investor has the opportunity to request that the broker monitor share trading within certain stocks. The broker is to commence activity only after a certain predetermined percentage of trades of the specified stock has occurred. The percentage is determined by the investor, based on his knowledge or understanding and the broker is then ordered to complete the action of buying or selling when the correct percentage of stocks has been traded.