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Investments glossary

With Discretion


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Quotes of the day:

Oil prices will keep breaking new records until other countries move to nuclear and alternative energy sources or we discover massive new reserves and increase production dramatically over the next few years.

— Med Jones

With discretion is a term that refers to an order type executed by a floor broker according to his or her best judgment. A with discretion order allows for greater customization and flexibility to try and achieve the best price for the trade. Brokers may also refer to a with discretion order as a not-held order, which gives price and time discretion.

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