|
|
Sell plus order |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Sell plus orderMarket or limit order to sell a stated amount of stock provided that the price to be obtained is not lower than the last sale if the last sale was a plus, or zero plus tick, and is not lower than the last sale plus the minimum fractional change in the stock if the last sale was a minimum or zero minimum tick. (In a limit order, sale cannot be lower than the limit, regardless of tick.)Sell plus order Similar MatchesStop loss orderStop loss orderAn order to unwind a position when the price moves against you. For example, you had purchased a stock, the stop-loss order would be to sell the stock when the price falls to a specified level. If you were short the asset, the stop-loss would trigger a purchase. Alternative orderAlternative orderUsed in context of general equities. Order giving a broker a choice between two courses of action, either to buy or sell, never both. Execution of one course automatically eliminates the other. An example is a combination buy limit/buy stop order, where the buy limit is below the current market and the buy stop is above. If the order is for one unit of trading, when one part of the order is executed on the occurrence of one alternative, the order on the other alternative is to be treated as cancelled. If the order is for an amount of more than one unit of trading, the number of units executed determines the amount of the alternative order to be treated as cancelled. See: Either-or order. Order imbalanceOrder imbalanceOrders of one kind for a stock not offset by the opposite orders, which causes a wide spread between bid and offer prices. Fill or kill order (FOK)Fill or kill order (FOK)A trading order that is canceled unless executed within a designated time period. A market or limited price order that is to be executed in its entirety as soon as it is represented in the trading crowd, and, if not so executed, is to be treated as canceled. For purposes of this definition, a stop is considered an execution. Equivalent to AON and IOC simultaneously. Sell orderSell orderAn order that may take many different forms by an investor to a broker to sell a particular stock, bond, option, future, mutual fund, or other holding. Further SuggestionsOrder ticketBuy stop order Buy limit order Ordering Costs Border price Held order Economic order quantity (EOQ) Cross border risk Stop limit order Day order contingent order DNR Order On the opening order market not held order Border tax adjustment standing order At the close order Orderly Marketing Arrangement Buy minus order General Order Split order Not held order (NH order) Money order Upstairs order Pecking order view (of capital structure) |
|
|
|