Stop Order. Different from a limit order, a stop order allows selling below the current market price or buying above the current market price if the stop price is reached or breached. A stop order is therefore a pending order until the stop price is reached or breached.
Appears in 3 contracts
Sources: Order Execution Policy, Order Execution Policy, Order Execution Policy
Stop Order. 2.4.1. Different from a limit order, a stop order allows selling below the current market price or buying above the current market price if the stop price is reached or breached. A stop order is therefore a pending “sleeping” market order until the stop price is reached or breached.
Appears in 2 contracts
Sources: Customer Agreement, Customer Agreement
Stop Order. Different from a limit order, a stop order allows selling below the current market price or buying above the current market price if the stop price is reached or breached. A stop order is therefore a pending “sleeping” market order until the stop price is reached or breached. A stop limit order is a variation of a stop order as described above with a lower (higher) limit price to suspend trading if the price falls (rises) too far before the order is fi¬lled restricting trading to a predefi-▇▇▇ ▇▇▇▇▇ range.
Appears in 2 contracts
Sources: Order Execution Policy, Order Execution Policy