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Stop order |
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Stop orderAn order that becomes a market order when a specified price level is reached. A sell stop is placed below the market, a buy stop is placed above the market.Similar MatchesMarket Not Held OrderMarket Not Held OrderAlso a market order, but the investor is allowing the floor broker to use his own discretion as to the exact timing of the execution. If the floor broker expects a decline in price and he is holding a "market not held buy order", he (she) may wait to buy, figuring that a better price will soon be available. There is no guarantee that a "market not held order" will be filled. 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 ticketOrder ticketA form detailing an order instruction that a customer gives an account executive. Buy stop orderBuy stop orderA 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. Market orderMarket orderAn order to buy or sell securities or commodities at the best price with immediate effect. Further SuggestionsOrdering CostsOrder imbalance Significant order imbalance Fractional discretion order Negotiable Order of Withdrawal Account (NOW) Designated order turnaround system (DOT) Limit on close order Border tax adjustment Good through or until date order Time order cancel former order Qualified Domestic Relations Order (QDRO) Not held order (NH order) day order Any part of order Presale order Percentage order Spread order Cease and desist order DNR Order At the opening order Money order Working order Super Designated Order Turnaround System Economic order quantity (EOQ) |
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