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Array and Protect

noun

  • An orderly arrangement.
    • usage: "an array of troops in battle order"
  • An impressive display.
    • usage: "it was a bewildering array of books"; "his tools were in an orderly array on the basement wall"
  • Especially fine or decorative clothing.
  • An arrangement of aerials spaced to give desired directional characteristics.

verb

  • Lay out orderly or logically in a line or as if in a line.
    • usage: "lay out the clothes"; "lay out the arguments"
  • Align oneself with a group or a way of thinking.

verb

  • Shield from danger, injury, destruction, or damage.
    • usage: "Weatherbeater protects your roof from the rain"
  • Use tariffs to favor domestic industry. .
(v.t.) To cover or shield from danger or injury; to defend; to guard; to preserve in safety; as, a father protects his children.

Assure the salesperson or trader that interest, buy or sell, will be attended to, given any change in the trading circumstances, as follows: At a price: If the stock trades at a certain price or price range, the trader will show this market to the salesperson and thus allow participation under these favorable circumstances. Floor' Protect'ion: Representation of a client on the floor of the exchange-so that if size were to trade at his price or a better price, salesperson would participate. Volume (OTC): If a certain amount of volume trades (that parallels the protectee's interest), trader assures salesperson of reasonable participation in the trading activity. The extent of this protection depends on liquidity, number of market makers, and other aspects of the stock.