discretionary order

简明释义

由经纪人决定买什么股票的委托

英英释义

例句

1.The judge has the authority to issue a discretionary order based on the specifics of the case.

法官有权根据案件的具体情况发布酌情命令。

2.The school principal can provide a discretionary order for students to take a day off for a special event.

校长可以为学生发放酌情命令，允许他们因特殊活动请假一天。

3.The manager issued a discretionary order to allocate additional resources for the project.

经理下达了一项酌情命令，以分配额外资源给项目。

4.During the meeting, the board decided to issue a discretionary order to adjust the budget for the upcoming quarter.

在会议上，董事会决定发布一项酌情命令，调整即将到来的季度预算。

5.In times of crisis, the CEO can make a discretionary order to expedite decision-making.

在危机时期，首席执行官可以下达酌情命令以加快决策过程。

作文

In the realm of business and finance, the term discretionary order refers to a type of trading order that allows the broker or trader to exercise their judgment in executing the order. Unlike a market order, which is executed immediately at the current market price, or a limit order, which specifies a maximum or minimum price for execution, a discretionary order provides flexibility. This means that the broker can decide when and how to execute the order based on their analysis of market conditions. The concept of a discretionary order is particularly important in volatile markets where prices can fluctuate rapidly. For instance, imagine a trader who places a discretionary order to buy shares of a company. The broker, upon receiving this order, might choose to wait for a more favorable price before executing it. This could potentially lead to better outcomes for the trader, as they might purchase the shares at a lower price than what was initially available. However, this also carries risks, as the market could move against the trader while the broker is waiting to execute the order.One of the key advantages of using a discretionary order is the ability to take advantage of market trends and patterns. Skilled brokers often have a deep understanding of market dynamics and can make informed decisions that may not be apparent to the average investor. For example, if a broker observes a sudden increase in buying activity for a particular stock, they might decide to execute a discretionary order to capitalize on the momentum, thereby maximizing potential profits for their client.However, it is essential to note that discretionary orders come with their own set of challenges. The reliance on a broker's judgment means that there is an inherent risk involved. If the broker misjudges the market conditions or fails to act in a timely manner, the results could be detrimental to the trader's investment. Therefore, it is crucial for investors to choose brokers who have a proven track record and a solid understanding of the markets when utilizing discretionary orders.Moreover, transparency is another critical factor when dealing with discretionary orders. Investors should be aware of how their orders are being handled and the criteria that brokers use to make their decisions. This is particularly important in maintaining trust between the investor and the broker. Clear communication about the strategy behind executing a discretionary order can help alleviate concerns and ensure that both parties are aligned in their goals.In conclusion, a discretionary order plays a significant role in trading by providing brokers with the flexibility to make decisions based on market conditions. While they can offer potential advantages such as better pricing and the ability to capitalize on market trends, they also carry risks that investors must consider. By choosing experienced brokers and maintaining open lines of communication, investors can effectively utilize discretionary orders to enhance their trading strategies and achieve their financial goals.

在商业和金融领域，术语discretionary order指的是一种交易订单，允许经纪人或交易者在执行订单时行使他们的判断。与市场订单不同，市场订单会立即以当前市场价格执行，限价订单则指定了执行的最高或最低价格，而discretionary order提供了灵活性。这意味着经纪人可以根据他们对市场条件的分析决定何时以及如何执行订单。discretionary order的概念在市场波动较大的情况下尤为重要，因为价格可能会迅速波动。例如，想象一个交易者下达了一个discretionary order来购买一家公司股票。经纪人在收到此订单后，可能会选择等待更有利的价格再执行。这可能会导致交易者获得更好的结果，因为他们可能以低于最初可用价格的价格购买股票。然而，这也带来了风险，因为在经纪人等待执行订单的过程中，市场可能会朝不利于交易者的方向移动。使用discretionary order的一个主要优势是能够利用市场趋势和模式。熟练的经纪人通常对市场动态有深刻的理解，可以做出一些普通投资者可能未能察觉的明智决策。例如，如果经纪人观察到某只股票的买入活动突然增加，他们可能会决定执行一个discretionary order以利用这一势头，从而最大化客户的潜在利润。然而，值得注意的是，discretionary orders也伴随着一系列挑战。依赖于经纪人的判断意味着存在固有的风险。如果经纪人错误判断市场状况或未能及时采取行动，结果可能对交易者的投资产生不利影响。因此，投资者在使用discretionary orders时，选择拥有良好业绩记录和扎实市场理解的经纪人至关重要。此外，透明度也是处理discretionary orders时的一个关键因素。投资者应该了解他们的订单是如何被处理的，以及经纪人用来做出决策的标准。这在维护投资者与经纪人之间的信任方面尤其重要。关于执行discretionary order策略的清晰沟通可以帮助缓解担忧，并确保双方在目标上保持一致。总之，discretionary order在交易中发挥着重要作用，为经纪人提供了根据市场条件做出决策的灵活性。虽然它们可以提供潜在的优势，例如更好的定价和利用市场趋势的能力，但它们也带来了投资者必须考虑的风险。通过选择经验丰富的经纪人并保持开放的沟通渠道，投资者可以有效利用discretionary orders来增强他们的交易策略，实现财务目标。