A 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.
an order to buy that is contingent on prices rising above a certain price before being executed
An order to purchase a security entered at a price above the current offering price triggered when the market hits a specified price.
An order to buy a market that is entered at a price above the current offering price and that is triggered when the market price touches or goes through the buy stop price.
buy order which is to be held until the market price rises to a specified stop price, at which point it becomes a market order. Not permitted for over-the-counter trading.
an order placed above the current market price and will be triggered if the stock reaches at or above the stop price
an order to buy a stock once a certain price had been reached
an order to buy that becomes a market order when a transaction takes place at or above the stop price
This is an order to purchase a security that is entered at a price above the current offering price (ask price). The order is triggered when the market price touches or goes through the buy stop price. An investor who wants to buy a stock but only wants to buy it if the stock breaks out might use this. Thus they are willing to pay a little more for the stock.
Buy order for a listed security that stipulates that it be held until the security's market price rises to the stop price. Once the stop price is reached, the order is considered to be a market order to buy at the best available price. See: Buy Order; Market Order; Orders; Over The Counter; Stop Order
A Buy Stop Order is an order to buy a security at a certain market price, however the order is held until the price of the security, that you want to buy, rises to the Stop price. When that happens the order is entered to buy the secruity at the best available price. .
A buy order which is not to be executed until the market price reaches the customer's defined price, known as the stop price. When this occurs, it becomes a market order.