Firmed order的意思

"Firmed order" is a term used in the context of trading and finance, particularly in relation to the stock market. It refers to an order that has been confirmed and is ready to be executed at the prevailing market price. In other words, a firmed order is a binding agreement between a buyer and a seller to buy or sell a specific security at a specified price.

When an investor places an order to buy or sell stocks, the order goes through a process of confirmation and validation. Once the order is confirmed, it becomes a firmed order. This means that the broker or trading platform is ready to execute the order as soon as the market conditions allow it.

Firmed orders are different from pending or unfilled orders, which are orders that have been placed but have not yet been confirmed or executed. Pending orders may include buy orders that have not yet been filled at the desired price or sell orders that have not yet found a buyer.

In summary, a firmed order is a confirmed and executable order in the stock market, representing a firm commitment by the buyer or seller to complete the transaction at the agreed-upon terms.