Skip to main content
Stocks

Jitney Order

As a knowledgeable finance professor, I want to share with you the concept of "execution and clearing" in the context of stock exchanges. This refers to the process of one member of the exchange executing orders on behalf of another member. For instance, if a smaller investment dealer, let's call them A, does not have enough business to maintain a trader on the exchange, they may give their orders to a larger organization, B, who is a member of the exchange. In this scenario, A pays a reduced commission to B for executing their orders.

Related terms

Most Recent Quarter (MRQ)

Understand the meaning and definition of Most Recent Quarter (MRQ) in the context of stock market, trading, and investments.

MORE
EPS

Understand the meaning and definition of EPS in the context of stock market, trading, and investments.

MORE
New Issuer Listing

Understand the meaning and definition of New Issuer Listing in the context of stock market, trading, and investments.

MORE
Financials

Understand the meaning and definition of Financials in the context of stock market, trading, and investments.

MORE
Business Day

Understand the meaning and definition of Business Day in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store