DRT ("Disregard Tape") Or Not-Held Order
DRT ("Disregard Tape") Or Not-Held Order
Definition: Absent any restrictions, a "DRT" (Not-Held Order) means any order giving the floor broker complete discretion over price and time in execution of an order, including discretion to execute all, some, or none of this order.
Definition: Absent any restrictions, a "DRT" (Not-Held Order) means any order giving the floor broker complete discretion over price and time in execution of an order, including discretion to execute all, some, or none of this order.