A sell stop limit order is an order placed below the current market price and will be triggered if the stock reaches at or below the stop price. Once a sell stop limit order is triggered, your order will become a limit order. A buy stop limit order is an order placed above the current market price and will be triggered if the stock reaches at or above the stop price. Once a buy stop limit order is triggered, your order will become a limit order.
An order to buy or sell a certain quantity of a certain security at a specified price or better, but only after a specified price has been reached. Essentially a combination of a stop order and a limit order. see also or better.
A particular type of Stop with Limit order (see below) in which the specified price & limit price are identical. It functions like a price order. Eg, “Buy 3 Mar S&P 500s at 780-stop limit.
A memorandum that becomes a limit as opposed to a market order immediately after a transaction takes place at or through the indicated (memorandum) price.
A stop order that becomes a limit order after the specified stop price has been reached or passed.
a variation on the stop order; a stop-limit order will be executed only at the limit price, not higher or lower than the limit price. In contrast, a stop order will be executed at the stop price, or, should the stock gap up or down, at the higher- or lower-than-stop price.
A specialized order in which a limit order and a stop order are combined. Once the specified stop price has been reached or exceeded, the stop-limit order becomes a limit order. A stop-limit order differs from a stop order, which becomes a market order when the stop price has been reached or exceeded. A stop-limit order to buy must have a stop-limit price above the market price; conversely, a stop-limit order to sell must have a stop-limit price below the security's market price. In response to a stop-limit order specifying "sell 100 GY stop limit," once the stock sells at or below $70, the order becomes a limit order to sell 100 shares at a price of $70. A variation of the stop-limit order specifies a limit price lower than the stop price.
Used by the trader who doesn't wish to be filled any worse than his stop price. Here, the stop and limit prices specified on the order are one and the same. This order becomes a straight limit order if, once the stop is elected, the broker is unable to execute the order at the stipulated price or better. Also, a stop limit order will be placed as a straight limit order if, when received by the exchange, the stop price already has been violated.
an order to buy or sell a stock that combines the features of a stop order and a limit order
A stop-limit is a combination order that instructs your broker to buy or sell a share once its price hits a certain target, known as the stop price, but not to pay more for the share, or sell it for less, than a specific amount, known as the limit price. For example, if you give an order to buy at "40 stop 43 limit," you might end up spending anywhere from Rs.40 to Rs.43 a share to buy, but not more than Rs.43. A stop-limit order can protect you from a rapid run-up in price, but you also run the risk that your order won't be executed because the share's price leapfrogs your limit.
A type of contingency order placed with a broker that becomes a limit order when the stock trades, or is bid or offered, at or through a specific price.
An order placed with a broker to buy or sell at a specified price or better after a given stop price has been reached or passed.
An order to buy or sell a security at a certain price or better, only after it has reached the specified price.
A stop order that designates a price limit. In contrast to the stop order, which becomes a market order if the stop is reached, the stop-limit order becomes a limit order if the stop is reached.
An order placed with a stockbroker to buy or sell at a certain price or better during a limited period of time
A variation of a stop order in which a trade must be executed at the exact price or better. If the order cannot be executed, it is held until the stated price or better is reached again.
Stop order that designates a price limit (becomes limit, not market).
