Stop Limit definition

Stop Limit will mean either an order to place a place a buy or sell limit Order at specified level if the future ask or bid price reaches the value indicated in the Order.
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Stop Limit means a market Order whose activation is dependent upon a specific rate being reached or surpassed (i.e. similar to a Stop-Loss Order), but that will be deactivated once a second rate (i.e. the limit) is reached or surpassed.
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Stop Limit means an Order that is similar to Stop Loss Order except that it becomes visible to the market and executable as a Limit Order when market rate condition of the stop price is met.
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Examples of Stop Limit in a sentence

  • Pending orders (Stop loss, Take Profit, Limit Buy/Sell, Buy/Sell Stop, Buy/Sell Stop Limit, Trailing Stop) are executed at the then market price requested by you and offered through us.

  • Stop Level is placed lower than Bid price while Stop Limit shall be set higher than Stop Level.

  • Buy, Sell, Short or Stop at Market; Buy, Sell, Short or Stop Limit; Stop Range etc.

  • An order that combines both the Buy Limit and Buy Stop; the price is set above the current market price and as soon as the Stop Level is reached, a Buy Limit order will be placed at the specified Stop Limit price.

  • A Stop Level is set above the current market price, while Stop Limit price is set below the Stop Level.

  • Also, the Directed Trading application accepts Trailing Stop Limit orders that may be routed to the different Market Centers.

  • Stop level is placed higher than Ask price while Stop Limit price shall be set lower than Stop level.

  • As soon as the es mated Ask price reaches the stop level specified in that order (“Price” line) the Buy Limit order will be placed at the level specified at Stop Limit.

  • As soon as the es mated Bid price reaches the stop level specified in that order the Sell Limit order will be placed at the level specified at Stop Limit.

  • Directed Trading Trailing Stop Limit orders sent to Market Centers may only be entered as Day orders.


More Definitions of Stop Limit

Stop Limit. Orders: A stop limit order is an order to buy (or sell) that becomes a limit order to buy (or sell) at the limit price when triggered. Stop limit orders, once triggered, may or may not execute depending on the market for the security. In a fast- moving, volatile market, a stop limit order may not get executed if there are no buyers/sellers at the limit price. Stop limit orders are intended for investors who seek to maintain control over the price at which the order should be executed but do not need to be guaranteed an execution once the order is triggered. “Trailing Stop” and “Trailing Stop Limit” Orders: A trailing stop order is a conditional order that uses a trailing amount, rather than a specifically stated stop price, to determine when to submit a market order. The trailing amount, designated in either points or percentages, then follows (or “trails”) a stock’s price automati- cally as it moves up (for sell orders) or down (for buy orders). Upon submission, the trailing stop order remains in force until it’s triggered by a specific change in the inside bid price (for sell orders) or the inside ask price (for buy orders). A trailing stop order creates a market order when the trailing stop loss level is reached. After the market order is submitted, it generally will result in an execution, but there’s no guarantee that you will get any specific execution price or price range. The resulting execution price may be above, at, or below the trailing stop’s trigger price itself. A trailing stop limit order will send a limit order once the trailing stop price is reached, meaning that the order will be filled only at the current limit level or better. In a volatile trading market, the market price of a stock could move in one direction through the trailing stop price and limit price. For a sell order, this means that the price could keep dropping without filling your order and your losses will not be minimized. For a buy order, this means that your order will not be filled despite the price moving higher. It is also possible that a volatile stock could move in one direction through the trailing stop price and then quickly change direction on the same day. For a sell order, this means your limit order would be triggered and possibly filled, even if the market price ends up closing at the same price or higher than it opened. For a buy order, your order would be triggered even if the market price closes at the same or lower price than it opened.
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Related to Stop Limit

  • Ownership Limit means, for any Person other than the Initial Holder or a Look-Through Entity, a number of the Outstanding shares of Class C Preferred Stock of the Corporation having an Aggregate Value not in excess of the excess of (x) 8.7% of the Aggregate Value of all Outstanding shares of Equity Stock over (y) the Aggregate Value of all shares of Equity Stock other than Class C Preferred Stock that are Beneficially Owned by the Person.

  • Aggregate Share Ownership Limit means not more than 9.8% in value of the aggregate of the outstanding Shares and not more than 9.8% (in value or in number of shares, whichever is more restrictive) of any class or series of Shares.

  • Look-Through Ownership Limit means, for any Look-Through Entity, a number of the Outstanding shares of Class B Preferred Stock of the Corporation having an Aggregate Value not in excess of the excess of (x) 15% of the Aggregate Value of all Outstanding shares of Equity Stock over (y) by the Aggregate Value of all shares of Equity Stock other than Class B Preferred Stock that are Beneficially Owned by the Look-Through Entity.

  • Ownership Limitation shall have the meaning set forth in Section 2.01(c)(i).

  • Common Share Ownership Limit means not more than 9.8 percent (in value or in number of shares, whichever is more restrictive) of the aggregate of the Outstanding Common Shares, or such other percentage determined by the Manager in accordance with Section 13.9.