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Islamic Capital Market

The market in which Shari’ah complaint securities/ assets (capital instruments) such as equities, sukuk, and other securities are traded. The...

Open Price Gap Time In Force

An order qualifier that is used to direct orders to the opening session (auction)- open price gap (OPG) or the...

OPG TIF

It stands for open price gap time in force; an order qualifier that is used to direct orders to the...

Open Price Gap

The time of a trading session that marks its opening or reopening. It is an order qualifier, open price gap...

OPG

It stands for open price gap; the time of a trading session that marks its opening or reopening. It is...

PO

It stands for primary only (primary only order); a market order that is to be routed as a market-on-open order...

PO Order

It stands for primary only order; a market order that is to be routed as a market-on-open order (MOO) to...

Primary Only Order

A market order that is to be routed as a market-on-open order (MOO) to the primary market for participation in...

Partial Order

An order that can be filled partly rather than in its entirety. In other words, such an order involves the...

PNP Plus

It stands for post no preference order plus; an order (a PNP order) representing a limit order to buy or...