Buy stop order


 

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Buy stop order

A buy order not to be executed until the market price rises to the stop price. Once the security has broken through that price, the order is then treated as a market order. Also known as a suspended market order.



Buy stop order

Similar Matches

Super Designated Order Turnaround System

Super Designated Order Turnaround System

The system that transmits New York Stock Exchange (NYSE) member firms' market and day limit orders, up to specified sizes in virtually all listed stocks, through the common message switch to the proper trading floor workstation. Specialists receiving orders through SuperDot execute them in the trading crowd at their posts, as quickly as market interest and activity permit, and return reports to the originating firm's offices via the same electronic circuit that brought them to the floor. Super-Dot can handle daily volume exceeding 2 billion shares.


Cease and desist order

Cease and desist order

An order issued after notice and opportunity for hearing, requiring a depository instition, a holding company or a depository institution official to terminate unlawful, unsafe or unsound banking practices. Cease-and-desist orders are issued by the appropriate federal regulatory agencies under the Financial Institutions Supervisory Act and can be enforced directly by the courts.


Standing order

Standing order

An order by a customer to his/her banker to pay a specified amount usually on or around a particular day of the month regularly to another account. This could be typically to a person's building society for regular payment of mortgage interest or for premiums for life assurance. If the payee, for example, a building society, requires payments to be increased (or decreased) it must write to the customer requesting a change in the amount of the standing order. The customer then instructs his/her bank accordingly. The current trend for regular payments however seems to be towards direct debit where the customer agrees to the payee debiting (claiming funds from) his/her account.


Either or order

Either or order

Used in the context of general equities. See: Alternative order.


Garnishee order

Garnishee order

A court order instructing a garnishee (a bank) that funds held on behalf of a debtor (the judgement debtor) should not be released until directed by the court. The order may also instruct the bank to pay a given sum to the judgement creditor (the person to whom a debt is owed by the judgement debtor) from these funds.


Further Suggestions

Negotiable Order of Withdrawal Account (NOW)
contingency order
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Fill or kill order (FOK)
good till cancelled order
contingent order
order book
Stop limit order
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Percentage order
limit order
Cross border bonds
Order imbalance
Presale order
Any part of order
Significant order imbalance
Order Book Official
Combination order
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Negotiable order of withdrawal (NOW)
Order Parameter
Upstairs order
Order ticket
Order
stop order


 
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