Common use of Sell Limit Clause in Contracts

Sell Limit. An order to sell a contract at a specified price higher than the current market price; the price is set below the current market price and the order is triggered when the market price reaches the ‘limit price’ instructions. Sell Limit orders once triggered are executed at the ‘limit price’ or better.

Sell Limit. An order to sell a contract at a specified price higher than the current market price; the price is set below the current market price and the order is triggered when the market price reaches the ‘limit price’ instructions. Sell Limit orders once triggered are executed at the ‘limit price’ or better’.