Common use of Stop Order Clause in Contracts

Stop Order. Different from a limit order, a stop order allows selling below the current market price or buying above the current market price if the stop price is reached or breached. A stop order is therefore a pending order until the stop price is reached or breached.

Appears in 3 contracts

Samples: Order Execution Policy, Order Execution Policy, Order Execution Policy

AutoNDA by SimpleDocs

Stop Order. Different from a limit order, a stop order allows selling below the current market price or buying above the current market price if the stop price is reached or breached. A stop order is therefore a pending “sleeping” market order until the stop price is reached or breached. A stop limit order is a variation of a stop order as described above with a lower (higher) limit price to suspend trading if the price falls (rises) too far before the order is fi¬lled restricting trading to a predefi-xxx xxxxx range.

Appears in 2 contracts

Samples: Order Execution Policy, Order Execution Policy

AutoNDA by SimpleDocs

Stop Order. 2.4.1. Different from a limit order, a stop order allows selling below the current market price or buying above the current market price if the stop price is reached or breached. A stop order is therefore a pending “sleeping” market order until the stop price is reached or breached.

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!