Discretionary is an order which given a client gives to the broker. The discretion is in terms of price or time and not in terms of buy or sell, instrument or quantity.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). discretionary. Retrieved September 26, 2026, from http://smartdefine.org/discretionary/definitions/1152151 |
| Chicago | Barry Goldsmith. 2010. "discretionary" http://smartdefine.org/discretionary/definitions/1152151 (accessed September 26, 2026). |
| Harvard | Barry Goldsmith 2010, discretionary, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/discretionary/definitions/1152151>. |
| MLA | Barry Goldsmith. "discretionary" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/discretionary/definitions/1152151> |