A Limit Order is an order to buy or sell a stock at a customer specified price.
An order in which the trader sets a limit to the price, as contrasted with a market order on which no limit is set.
A contingent order for an options or futures trade specifying a certain maximum (or minimum) price, beyond which the order (buy or sell) is not to be executed.
An order in which the customer specifies a price limit or other condition, such as time of an order, as contrasted with a market order which implies that the order should be filled as soon as possible.
an order that is only filled a specified price, or better
A contingent order for a futures or options trade specifying a certain maximum (or minimum) price.
On SETS, a limit order will be matched with an opposite order at the same price or better during automatic matching. Limit orders are the only order which can remain on the order book awaiting a matching order. On the derivatives market, in a limit order the customer stipulates the worst price that he will accept. On a buy order the limit indicates the highest price the customer is willing to receive, e.g. 99.50 bid for 10 contracts means that the customer will be willing to pay no more than 99.50 per contract. Such orders may not be filled if the limit is outside of the prevailing market trading range, e.g. if in the example above, the market is trading at 100-102.
A limit order is one that is given with a price limit. An investors wishing to buy or sell securities places a limit order for a certain number of shares at a certain price. If the investor is selling it will ...... more on: Limit order
An instruction to a broker to buy or sell a security at a given price or better.
An order to buy a security at or below a specified purchase price, or to sell a security at or above a specified sales price. You specify the price when you place a limit order.
An order given to your broker specifying a particular and stated price limit for a trade to be executed
An order where the buyer or seller of a security or commodity has a set limit on the price or the time allowed for the contract to be completed.
An order placed with a broker to execute a trade if the price should reach a certain level or any level more favorable to the trader.
The only price for which a trader is willing to either buy or sell a stock.
A request to buy or sell securities at a determined price. Limit orders allow you to define the highest price you're willing to pay when buying, or the lowest price you're willing to accept when selling. Most online investors use limit orders routinely, and certainly when trading volatile securities.
An order placed with a broker to buy or sell a security at a specified or better price.
An instruction to act in a market. An order stipulating that the deal should be executed at a certain level and under certain specified conditions. E.g.s are: Normal Order (N/O), Stop Loss (S/L), One Cancels the Other (OCO), Buy after Sell (B/S), Sell after Buy (S/B), Fill or Kill (FOK), All or None and Alternative Order. Limit orders are normally valid until a certain time specified by the counterparty or Good Till Cancelled (GTC) and can be passed on to other financial centres for possible execution in other time zones.
A market order to buy at a given price or lower, or an order to sell at a given price or higher.
An order in which the customer sets a limit on either price and/or time of execution.
Used to enter the market at a specific price, or to exit a market at a specific profit target.
An order to buy an equity at a price equal to or less than the indicated limit value, or to sell an equity at the limit price or greater.
An order with restrictions on the maximum price to be paid or the minimum price to be received. As an example, if the current price of USD/YEN is 120.20/25, then a limit order to buy USD would be at a price below 120.20. (eg 119.80)
An order to transact at a specified price or better. See buy limit order and sell limit order.
Purchase or sales bid entered with a price limit. It is executed at this or at a better price.
A limit order, (in contrast to a market order, which is filled asap), takes place when a customer specifies a price to their broker that the market must reach, or better, for the order to be executed.
a bid to buy or sell a stock at a specific price
a Customer Order to Buy or Sell a specific amount of a Currency Pair at a specific user defined price
a limit entry order linked to a specific position for the purpose of locking in the gains on an existing position
an automated order to buy or sell currency that will be executed by a computer when the exchange rate reaches the level that you have specified
an instruction, given by you when placing your order, stating the maximum price you are willing to pay when buying shares, (a buy order), or the minimum you will accept when selling, (a sell order)
an instruction to buy or sell at a target price which is better than the market price at the time of placing the order
an instruction to buy or sell shares at a price of your choosing
an instruction to deal at a given price or better
an order that allows you to specify the price at which you are willing to trade
an order that can execute only at the stated price or better
an order that sets the maximum or minimum at which you are willing to buy or sell a particular stock
an order tied to a specific position for the purpose of locking in the gains from that position
an order to buy a security at no more (or sell at no less) than a specific price
an order to buy a security, (or commodity) at a specific price or lower
an order to buy at the limit price or lower, or to sell at the limit price or higher
an order to buy or sell immediately at the best available price
an order to buy or sell stock at the price you indicate or better, unless the market is willing to meet your terms your order will not be filled
an Order to enter into or Close-Out a CFD position (i
an order with restrictions in regard to the maximum price to be paid or the minimum price to be received
a request to buy or sell an asset at a specified price for a specified period of time
a request to buy or sell a security once a customer - specified price has been reached or surpassed
a request to buy or sell shares of a stock, but only at a specified price
a specific order placed against an existing open bet and is often used as a method of taking your profit on an open position when the Capital Spreads quote reaches a level at which you wish to exit your bet (i
a type of order that has a specific price at which the trader wants to buy the stock
A limit order states the maximum price you are willing to pay for a stock. You can use this type of order to avoid entering a position if a stock gaps up or down at the opening and you want to avoid entering at an extreme price. Limit orders can be combined with "buy" or "sell on stop" orders as well.
An order to a broker to buy a certain stock (future, etc.) only if its price falls to a specified level or to sell a stock only if the price rises to a specified level.
A trading order that specifies a limit price at which the broker is to execute the order. The trade will be executed only if the broker can meet or better the limit price.
the maximum price at which you are willing to buy a stock, or the minimum at which you're willing to make a sale
An order submitted to an exchange's order book with a specified size and price which is either held on the order book or executed, either in part or in full, against eligible orders. Limit orders are deleted from the order book at the end of the order's expiry date.
An order stipulating the maximum price to be paid, or the minimum price to be received. For instance, a limit order to buy would be at a price below 102 – i.e., 101.50 – if the current price of the USD/YEN pair is 102.00/05.
An order to buy (sell) securities which specifies the highest (lowest) price at which the order is to be transacted.
An order to buy a security at or below a specific price or to sell it at or above a specific price.
An order instructing a broker to execute an order at a specific price or better. Buy orders are executed at or below limit price. Sell orders are executed at or above limit price.
An order in which the customer sets a maximum price he or she is willing to pay as a buyer and a minimum price he or she is willing to accept as a seller. With a sell limit order, the customer is instructing the broker to make the sale at or above the limit price. With a buy limit order, the customer is instructing the broker to make the purchase at or below the limit price.
order to buy or sell an issue at a specified price.
An order to buy or sell when and if a security reaches a specified price (the limit) or better.
An order that specifies the minimum price at which you want to sell, or the maximum price at which you want to buy.
this is an order to buy or sell at a designated price. Limit orders to buy are placed below the market while limit orders to sell are placed above the market.
A contingent order in futures trading specifying a maximum or minimum price.
A limit order is instructions to a broker for purchase or selling of the instrument in the specified amount or at the specified price. According to the operation period they can be Daily or good till cancelled (GTC).
means specifying the exact level or price at which a trade is to take place, as opposed to market order.
An order to buy or to sell at a specified price or better a defined amount of a security.
An order to buy or sell at a fixed price. A person can also place a limit order with discretion. This enable the broker to buy or sell within a small range, usually 1/8 or 1/4 of a point.
Order from a customer to a broker specifying a price; only if the if the market reaches or betters the price can the order be executed.
Is an order that takes profits at a specified point.
A trading order that authorizes a purchase only if the price drops to a specified level, or a sale if the price rises to a certain level.
An order that specifies to buy or sell an amount of a contract at a particular price or at a better price, but never at a worse price. In the case of a buy, it will never be executed above the limit price. Conversely, in a sell, the order will never be executed below the limit price. If the limit price is not within the current market quote, it is said to be 'away from the market'. The order is entered on the order book beneath any similar orders received earlier. (See price-time priority) Therefore, the limit order may not be executed immediately or only partially, or not at all, depending on the prices at which the market trades.
A written order to request the purchase or sale of currency at apre-determined exchange rate.
When giving an order to trade shares a limit price may be set. This is the minimum price that a seller will accept or the highest price that a buyer will pay, and can be used to protect against price movements at the time of dealing. Sometimes a limit may be asked for by the broker e.g. dealing outside market size, dealing in volatile shares, dealing in order book stocks etc
An optional order against and existing position to either sell above the current market level or buy below that level at a price specified by you, that will take profits.
An order with restrictions on the maximum price to be paid or the minimum price to be received. As an example, if the current price of USD/YEN were 117.00/05, then a limit order to buy USD might be at a price below 117. (e.g., 116.50)
An order to buy or sell stock at a specified price. The order can be executed only at the specified price or better. A limit order sets the maximum price the client is willing to pay as a buyer, and the minimum price they are willing to accept as a seller.
A request to deal as a buyer or seller for a foreign currency transaction at a specified price, or at a better price, if obtainable.
An instruction to either buy or sell at a level that is more favorable than the current price of the specified financial instrument. The possibility exists that the order will never be filled.
An order given to a broker by a customer which has some restrictions upon its execution. such as price or time.
An order to buy or sell a specified amount of a currency at a specified price or better.
A restrictive order specifying a price at which the trade must be executed by the broker. A limit order protects the fill from being executed at a price worse than the one specified. For instance, a buy limit order will be below the market price of the a currency. When the market reaches the specified fill price, the broker will try to fill the order. If, however, the market then precipitously rises, preventing a fill at the price limit specified or better, then the broker will return the order to the trader as unfilled. So a limit order protects against an adverse market move at the time it is triggered. A sell limit order will specify a price above the underlying currency value.
Minimum selling or maximum buying price as instructed by the client. A limit order is an order to buy or sell a better price to where the market is currently trading
An order to buy or sell a share at a specific price. The order will only be carried out by the broker at that price, or a better one. If the broker can't fulfil the limit order, it lapses.
An order given to a broker by a customer that specifies a price; the order can be executed only if the market reaches or betters that price.
Investors can place an order to buy or sell securities at a set price. The trade can take place only at that price or a lower one.
This is an order that tells the floor broker to buy a specified security below a certain price or to sell a specified security above a certain price.
An order to buy or sell a futures or options contract only at a specified price (the limit price) or better. A limit buy order is placed at or below the current market price, while a limit sell order is placed at or above the current price.
an order that limits the price the broker can buy or sell at.
An order to buy or sell a specified amount of currency at a pre-determined exchange rate that is better than where the prevailing spot rate. A limit order is a 24-hour automated order which is intended to allow buyers of currency to purchase at or near the top of a currency range or allow sellers of currency to sell at or near the bottom of a currency range. It is a popular market tool as it allows companies or individuals to trade currency at the best possible price without the need to constantly monitor exchange rates.
An order to execute a transaction at a specified price (the limit) or better. A limit order to buy would be at the limit or lower, and a limit order to sell would be at the limit or higher.
Order to trade on the stock market subject to a ceiling price (if a purchase) or a floor price (if a sale).
A buy or sell order where price is specified at the time of order entry
An order to set a maximum price a buyer is willing to pay or to set a minimum price a seller is willing to accept.
This is a designation an investor places on an order to buy or sell. When an order is limited to a certain price, the order will be filled, if it is filled, at the limit price or at a better price if the stock or option trades at a better price. We prefer limit orders over market orders as you have more control over your entry price. If the market is moving quickly, you can use a market order, but there is the risk that you will be filled at a price much higher or lower than anticipated. If the market is moving quickly, we prefer to place a limit order out ahead of the way the price is trending-we will be filled at that price or better, but not at a worse price than we have specified.
An order to buy or sell a security at a specific price or better. The broker will execute the trade only within the price restriction.
An order to buy or sell one currency against another when a pre-determined price is reached. It is lodged with a Bank or Broker and floats 24 hrs a day until either cancelled or hit. It is used to try and achieve a very favourable price at the very top or bottom of a range. It is free of charge to use and provides an excellent vehicle for companies to attempt to buy or sell their currencies at the best point in a range (without having to constantly monitor the prices and keep calling a broker/bank for prices).
A buy or sell order at a given price. If a security is not trading at your limit, your order will not be filled until the market trades to your limit price.
An order to buy or to sell a CFD position at a specific price. Example: " Buy 1000 Vodafone at £1.20". This would be placed when Vodafone is trading above £1.20, and the prospective buyer is hoping for a better price than where the market is currently trading. There is obviously the possibility that the order will never get filled. Limit orders can also be used in the same fashion for selling above the market. For more details on the different types of orders see this section - Click Here
An order in which the client sets a limit on the price and/or time of execution.
A stock sale or purchase order with a predetermined minimum or maximum price.
An order to buy or sell a stated amount of a security at a specified price, or better if obtainable, after the order is represented on the floor of the stock exchange. (See also Market Order).
An order to a broker to buy a certain stock at or below a specified price, or to sell it at or above a specified price. For example, if you want to buy ABC Company stock at no more than $20 per share and it is selling at $25 now, you can place a limit order for $20 per share. Some brokers charge a higher commission for limit orders than for market orders.
An order to buy stock once the price has dropped below the price limit
An order to buy a stock at or below a specified price, or to sell a stock at or above a specified price. For instance, you could tell a broker “buy me 100 shares of XYZ Corp. at $8 or less” or “sell 100 shares of XYZ at $10 or better.” Margin: Allows investors to buy securities by borrowing money from a broker. The margin is the difference between the market value of a stock and the loan a broker makes.
An order placed with a brokerage to buy or sell a predetermined amount of shares at a specified price or better. Limit orders also allow an investor to limit the length of time an order can be outstanding before being canceled.
An order given which has restrictions upon execution. The client specifies a price and the order can be executed at the prevailing market price only if the market reached the specified price
An order to buy or to sell a security at a specific price or better. Example: "Buy 200 shares of Microsoft at $65." This would be placed when Microsoft is trading above $65 a share, and the purchaser is interested in waiting for a better price, and accepting the possibility that his preferred price will not ever be available, in which case the order will not be filled. See Market order.
Where the client may specify a price and the order can be executed only if the market reaches that price.
An order (other than a Market Order) to buy or sell at an agreed price. A Limit Order to buy generally will be executed when the ask price equals or falls below the price or exchange rate as specified in the Limit Order. A Limit Order to sell generally will be executed when the bid price equals or exceeds the price or exchange rate specified in the Limit Order. Customers should note, however, that market conditions may often prevent execution of an individual Customer's Limit Order despite other dealing activity at that price level.
This is when you place an order with your broker to buy at or below a specified price, or sell at or above a specified price.
An order to perform a deal at a superior rate to the current market level. Can be removed on completion (filled) or cancelled at any time (pulled).
An order submitted to the electronic order book with a specified size and price which is either held on the order book or executes, either in part or full, against eligible orders with any remaining unexecuted portion being added to the order book.
An order that might read: 'Buy 10 June BAB at 93.00', meaning a client is willing to pay no more than 93.00 for the June bank bill contracts. The order can be executed at a price below that, but if the price were a mere few points above, the broker would contact the client to check if he or she is allowed a few points leeway and, if so, would execute the trade. A buy order is a buy limit order when the limit price is below the current market price. A sell limit is a limit order when the limit price is above the current market price. If you want to buy at a price above the current market price or sell at a price that is below the current market price, you would create a "stop" order.
A limit order is an order to buy shares of a security at a specified price or lower, or sell shares of a security at a specified price or higher. There are certain advantages and drawbacks of using such a tool however. One advantage is that you have the opportunity to get the price that you want to buy or sell your stock. The drawback is that if, for example, you want to sell shares of a stock at a certain price and the price just keeps falling and falling, you will have lost the opportunity to sell at a higher price. Limit orders are available in the Marketocracy competition.
The order will be executed only at a specified price.
An order of instructions that an investor gives to his broker, which sets out the limits that he/she is prepared to pay for investments.
An order in which the customer specifies a minimum sale price or maximum purchase price, as contrasted with a market order, which implies that the order should be filled as soon as possible at the market price.
A Limit Order is one where you set an optimum exchange rate at which, if the rate is achieved, your currency can be purchased or sold.
An order that is executed at a specific price, or a better price if obtainable, and can be accepted as a DAY or GTC order
An order given which has restrictions upon its execution. The client specifies a price and the order can be executed only if the market reaches that price
This Forex term is an order to buy or sell when the price reaches a specified level.
An order to buy or sell securities at a price stipulated by the client, whereby the order can only be executed at the specified price or a better one.
An order with restrictions on the maximum price to be paid or the minimum price to be received. As an example, if the current price of USD/YEN is 102.00/05, then a limit order to buy USD would be at a price below 102. (i.e., 101.50)
An order to buy or sell a security at a specific price. As opposed to a market order, limit orders might not be filled immediately if the market moves away from the specified price.
An order to buy or to sell a spread bet at a specific price. Example: "Buy £5 of the March FTSE at 4200." This would be placed when FTSE was trading above 4200, and the prospective buyer is hoping for a better price than where the market is then trading. There is obviously the possibility that the order will never get filled. Limit orders can also be used in the same fashion for selling above the market. Further information on Limit Orders - click here
When a Fool wishes to buy/sell shares at some predetermined price. For example, if you wished to purchase Microsoft at no more than $90 per share and it is selling at $95 now, you can place a limit order on Microsoft at $90. Some brokers charge a higher commission for limit orders than for market orders.
Placing a limit order enables you to specify a defined rate of exchange that you would like to buy at. In other words, a better rate than is currently available. For example, if the Euro is currently trading at €1.48 to the £1, you can place a limit order to buy Euros if and when they reach €1.50 to the £1.
Type of order input into SETS. If not completed immediately the balance is displayed on the screen and forms the Order Book.
An order that sets the highest price the customer is willing to be paid or the lowest price acceptable. Buy orders may be executed at or below the limit price, but never higher. Sell orders may be executed at or above the limit price, but never lower.
Usually equivalent to "price." An order in which the customer sets a limit on price or other condition, as contrasted with the trading floor definition of a market order, which implies that the order should be filled as soon as possible.
An order to buy at a specified price when the market moves down to that price, or to sell at a specified price when the market moves up to that price.
Order that sets a specific price (Limit Price) that is the highest a buyer will pay or the lowest a seller wants to receive. Buyer will accept price lower than limit and seller higher than limit. It may be a Day or GTC (Good Until Canceled) order. If no price is indicated, the order is a market order by default.
An order to buy or sell a stated quantity of a security at a specified price or at a better price.
An order placed by a client for a transaction to be executed at a specified price. The order is triggered if the market either touches that price or betters it.
An order to buy a stock at or below a specified price or to sell a stock at or above a specified price. A limit order becomes a market order when and if a security reaches the specific price.
An order in which a customer sets a maximum price he is willing to pay as a buyer and a minimum price he is willing to accept as a seller. (See Market Order; Stop Order)
An investor's order to a broker, instructing him or her to execute a transaction (to buy or sell a security) only at a specified price (the limit) or better.
An order to buy or sell shares of a stock, but only if you can get it at the price you want or better.
An order in which the customer sets a maximum price he is willing to pay as the buyer or a minimum price he is willing to accept as the seller.
An order to buy stock at or below a specified price or to sell a stock at or above a specified price. For instance, you could tell a broker " buy me 100 shares of XYZ Corp at $8 or less" or to "sell 100 shares of XYZ at $10 or better." The customer specifies a price and the order can be executed only if the market reaches or betters that price. A conditional trading order designed to avoid the danger of adverse unexpected price changes.
A client's order to buy or sell at a specific price or better. The order can be executed only at that price or a better one.
An order with a broker in which a customer sets a ... Add a comment
An order given to a broker with restrictions upon its execution, such as price and time.
A limit order is an order to buy or sell a contract at a specified price or better. Using a Limit order ensures that the order will only execute at the price you specified or better, however, it does not guarantee that your order will execute.
An order in which the customer sets a limit on price or other condition, such as time of an order, as contrasted with a "market order" which should be filled as soon as possible without pre?conditions.
An order to a broker to buy a stock when it falls to a certain price or lower, or to sell a stock when it rises to a certain price or higher.
An order to purchase at or below (or to sell at or above) a specified price (the "limit price"). Limit orders can be executed only when the limit price is consistent with the bid/asked quotation at any point subsequent to the entering of the order. Limit orders are either "good-till-canceled" or "day orders".
an ask or bid order with limits. A bid limit-order specifies the highest price the bidder is affordable to buy; an ask limit-order specifies the lowest price the contract owner is willing to sell. A limit order also specifies an expiration time.
An order that can be filled only at a specified price or better.
An order to buy or sell a security at a customer-specified price; a customer order to buy or sell a specified number of shares of a security at a specific price.
An order to buy or sell a security if it reaches a specified price.
Sets the highest price the customer is willing to pay for a buy order, or the lowest price the customer is willing to accept for a sell order. Buy orders may be executed at or below the limit price, but never higher. Sell orders may be executed at or above the limit price, but never lower.
limit order information system limit price
An order placed with a broker to buy or sell at a price as good or better than the specified limit price.
An order that should only be filled at the limit price or a better one (i.e., higher for the seller, lower for the buyer). Example: An investor wishes to sell 100 shares of XYZ corporation, but only if he or she can get $95.00 per share.When the market price reaches $95.00, the order becomes eligible to be filled. If the price never reaches $95.00 then the order will not be filled. If a limit order is placed with a price that is too far away from the market, it may be deemed too marketable, and canceled. For a Buy Order, this means that the bid is too high, for a sell order, that the ask price is too low.
A buy or sell order only at a price that you specify (the Limit) or better.