Apply for JIO IPO - India’s Mega IPO Is Here!

Apply for JIO IPO -

Angel One - Share Market Trading and Stock Broking
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

Income Stock

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

MORE
Daily Price Limit

Understand the meaning and definition of Daily Price Limit in the context of stock market, trading, and investments.

MORE
Momentum Analysis

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

MORE
Dividends

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

MORE
When-Issued Trading

Understand the meaning and definition of When-Issued Trading 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