stop order

An order to buy or sell when the market reaches a specified point. A stop order to buy becomes a market order when the futures contract trades (or is bid) at or above the stop price. A stop order to sell becomes a market order when the futures contract trades (or is offered) at or below the stop price. Chicago Board of Trade glossary
————
An order to buy or sell at the market when a definite price is reached, either above (on a buy) or below (on a sell) the price that prevailed when the order was given. Bloomberg Financial Dictionary
————
An order specifying a price at which it is activated and becomes a limit order. A buy stop is entered above the current market and becomes a limit order when the commodity trades at or above the specified stop trigger price. A sell stop is entered below the current market. It becomes a limit order when the commodity trades at the stop price or below. The stop can immediately execute up to the limit price. Chicago Mercantile Exchange Glossary
————
An order which is activated when a stipulated market level is reached. Once the stop level has been reached by the market, the order becomes a market order and trades at the prevailing market price, not necessarily the specified stop level. Stops to sell are entered below the market, stops to buy above the market. They are generally used to exit positions, unlike MIT orders which are normally used to enter the marketplace. Dresdner Kleinwort Wasserstein financial glossary
————
(or stop)
An order to buy or sell at the market when and if a specified price is reached. LIFFE

* * *

stop order stop order also stop-loss order order1

* * *

stop order UK US noun [C] FINANCE, STOCK MARKET
STOP-LOSS(Cf. ↑stop-loss)

Financial and business terms. 2012.

Look at other dictionaries:

  • Stop order — (Finance) An order in a financial market that aims to limit losses by fixing a figure at which purchases shall be sold or sales bought in, as where stock is bought at 100 and the broker is directed to sell if the market price drops to 98. Note:… …   The Collaborative International Dictionary of English

  • stop order — see order 4b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. stop order …   Law dictionary

  • stop order — n. an order to a broker to buy or sell a certain stock when a specified price is reached …   English World dictionary

  • stop order — noun an order to a broker to sell (buy) when the price of a security falls (rises) to a designated level • Syn: ↑stop loss order • Hypernyms: ↑order, ↑purchase order * * * noun : an order to a broker to buy or sell at the m …   Useful english dictionary

  • Stop Order — An order to buy or sell a security when its price surpasses a particular point, thus ensuring a greater probability of achieving a predetermined entry or exit price, limiting the investor s loss or locking in his or her profit. Once the price… …   Investment dictionary

  • Stop order — An order to buy or sell at the market when a definite price is reached, either above (on a buy) or below (on a sell) the price that prevailed when the order was given. The New York Times Financial Glossary * * * stop order stop order also stop… …   Financial and business terms

  • stop order — stop′ or der n. bus an order to a broker to buy or sell a security if the market price goes above or below a designated level …   From formal English to slang

  • stop order — An order by a public service commission which requires a carrier to stop for passengers or freight at a certain point on route or line. A direction given by a customer to his broker to the effect that if a designated stock or commodity owned by… …   Ballentine's law dictionary

  • stop order — an order from a customer to a broker to sell a security if the market price drops below a designated level. Also called stop limit order, stop loss order. Cf. limit order, market order. [1870 75] * * * …   Universalium

  • stop order — /ˈstɒp ɔdə/ (say stop awduh) noun (in banking) an order, as by the drawer of a cheque, etc., not to make payment …   Australian English dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.