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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2
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.
Sample 1

Examples of Stop Limit in a sentence

  • If an Order is a Stop Limit Order, the full collateralization requirement will be measured from the point where the stop price is triggered.

  • Therefore, Stop Limit and Stop Loss Orders cannot guarantee the limit of loss.

  • The price for the Limit Order must be specified by the Participant at the time the Stop Limit Order is submitted.

  • Prior to the triggering of the stop price, a Stop Limit Order will remain open until being cancelled by the Participant.

  • Inactive Stop Limit orders will not participate in the calculation of Theoretical Opening Price (TOP) and Theoretical Opening Volume (TOV) during Pre-Opening, Trading Halt and Circuit Breaker Halt; and Theoretical Closing Price (TCP) and Theoretical Closing Volume (TCV) during Pre-Closing.Inactive Stop Limit orders are orders which are not triggered yet.

  • Stop Limit order can be accepted by the trading engine during Pre- Opening, Main Trading, Pre-Closing and Trading-At-Last phases.

  • Bursa GTD orders with prices falling outside of the Static Price Limits, will be withdrawn by the system automatically, except for Stop Limit and Stop Market order whereby the static price limits will only be validated when the order is triggered during Main Trading or Trading-At-Last phases.

  • Bursa GTC orders with prices falling outside of the Static Price Limits, will be withdrawn by the system automatically, except for Stop Limit and Stop Market order whereby the static price limits will only be validated when the order is triggered during Main Trading or Trading-At-Last phases.

  • Therefore Stop Limit and Stop Loss Orders cannot guarantee the limit of loss.

  • A Spread Order and Stop Limit Order may not be submitted as a Fill or Kill Order.


More Definitions of Stop Limit

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.
Sample 1

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.

  • Common Stock Ownership Limit means not more than 9.8% (in value or in number of shares, whichever is more restrictive) of the aggregate of the outstanding shares of Common Stock of the Company. The number and value of outstanding shares of Common Stock of the Company shall be determined by the Board of Directors in good faith, which determination shall be conclusive for all purposes hereof.

  • Bag limit means the maximum number of game animals, game

  • Aggregate 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 Shares, or such other percentage determined by the Manager in accordance with Section 13.9.

  • Aggregate Stock Ownership Limit means not more than 9.8% in value of the aggregate of the outstanding shares of Equity Stock. The value of the outstanding shares of Equity Stock shall be determined by the Board of Directors in good faith, which determination shall be conclusive for all purposes hereof.

  • Sub-Limit Defined in the Fee and Pricing Letter, which definition is incorporated herein by reference.

  • Beneficial Ownership Limitation shall have the meaning set forth in Section 4(d).

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Maximum Daily Redemption Limit means a maximum limit (if applicable) on the redemption number of ETP Securities of a Series on any Optional Redemption Pricing Date, as may be amended by the Margin Loan Provider from time to time in accordance with the terms of the LS Margin Account Agreement and the LS Operating Procedures Agreement.

  • Upper Limit means a specified maximum amount of costs which may be claimed under a Unit of Work, but which may be extended on application. An Upper Limit operates in the same way as a Costs Limitation;

  • Applicable Share Limit means a number of Shares equal to (A) the minimum number of Shares that could give rise to reporting or registration obligations or other requirements (including obtaining prior approval from any person or entity) of a Dealer Person, or could result in an adverse effect on a Dealer Person, under any Applicable Restriction, as determined by Dealer in its reasonable discretion, minus (B) 1% of the number of Shares outstanding.

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.

  • Daily Maximum Limit means the maximum allowable discharge of a pollutant during a calendar day. Expressed as units of mass, the daily discharge is cumulative mass discharged over the course of the day. Expressed as a concentration, it is the arithmetic average of all measurements taken that day.

  • Plan Limit means the maximum aggregate number of Shares that may be issued for all purposes under the Plan as set forth in Section 5(a) of the Plan.

  • Vote Limit means the percentage interest specified in a Vote Limit Certificate by a Vote Limited Member pursuant to which such Member (together with such Vote Limited Member’s affiliates) will be irrevocably limited to such Vote Limit in any vote taken under Sections 2.1, 2.8, 2.9 and 8.2.

  • Maximum Percentage means 4.99%; provided, that if at any time after the date hereof the Holder Group beneficially owns in excess of 4.99% of any class of Equity Interests in the Company that is registered under the Exchange Act (excluding any Equity Interests deemed beneficially owned by virtue of this Warrant or the Note), then the Maximum Percentage shall automatically increase to 9.99% so long as the Holder Group owns in excess of 4.99% of such class of Equity Interests (and shall, for the avoidance of doubt, automatically decrease to 4.99% upon the Holder Group ceasing to own in excess of 4.99% of such class of Equity Interests); and (ii) the term “Holder Group” shall mean the Holder plus any other Person with which the Holder is considered to be part of a group under Section 13 of the Exchange Act or with which the Holder otherwise files reports under Sections 13 and/or 16 of the Exchange Act. In determining the number of Equity Interests of a particular class outstanding at any point in time, the Holder may rely on the number of outstanding Equity Interests of such class as reflected in (x) the Company’s most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission, as the case may be, (y) a more recent public announcement by the Company or (z) a more recent notice by the Company or its transfer agent to the Holder setting forth the number of Equity Interests of such class then outstanding. For any reason at any time, upon written or oral request of the Holder, the Company shall, within one (1) Trading Day of such request, confirm orally and in writing to the Holder the number of Equity Interests of any class then outstanding. The provisions of this Section 10 shall be construed, corrected and implemented in a manner so as to effectuate the intended beneficial ownership limitation herein contained.

  • emission limit value means the mass, expressed in terms of certain specific parameters, concentration and/or level of an emission, which may not be exceeded during one or more periods of time;

  • Maximum Permissible Amount The lesser of (i) $30,000 (or, if greater, one-fourth of the defined benefit dollar limitation under Code Section 415(b)(1)(A)), or (ii) 25% of the Participant's Compensation for the Limitation Year. If there is a short Limitation Year because of a change in Limitation Year, the Advisory Committee will multiply the $30,000 (or adjusted) limitation by the following fraction: Number of months in the short Limitation Year --------------------------------------------- 12

  • Sell Limit expects to open a position to sell at a higher quote then the current one at the moment of an order placement. The following orders may be used to close a position:

  • Maximum Face Amount means, with respect to any outstanding Letter of Credit, the face amount of such Letter of Credit including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Subscription Limit means any applicable limit on the Issuer’s ability to fund newly issued ETP Securities pursuant to the terms of the LS Operating Procedures Agreement or the LS Margin Account Agreement, as may be amended from time to time.

  • Redemption Limit means the sum of the Maximum Daily Redemption Limits applicable to the LS Margin Account Agreement relating to the ETP Securities.