Stop Price definition
Examples of Stop Price in a sentence
When the stop price is reached, a stop order becomes a Market Order and is executed at best available price (which can be lower or higher than the Stop Price).
If the Stop Price is not communicated to us by the relevant market or exchange in the period specified in the Order, the Order will lapse.
Trailing Orders are determined by movements in a Security’s price: you specify a Minimum or Maximum Trailing Value (measured in ▇▇▇▇▇), which creates a Trailing Stop Price that repositions itself as the Security’s price moves.
This means that at the point a price equal to your Stop Price has been reached or passed for the Security specified, the Stop Order will be Executed by us as an At Best Order.
Depending on market conditions, once a Stop Loss Limit Order is triggered, there is no guarantee of the execution price and the price received may vary from the Client’s Stop Price.
We do not guarantee that an Instruction will be sent or that an order will execute for a Limit and Stop Loss Order type, even if the observed price of the Security reaches the Buy Limit Price, Sell Limit Price or Stop Price.
The actual execution price may be equal to or lower (but not higher) than the Stop Price.
You agree and understand that contingent Orders, including, but not limited to, “Stop” and “Stop-Limit” Orders, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such Orders at a price close to the Stop Price or at all.
Only return of first quality, current (listed in the most recent Truck Stop Price List) products will be considered.
Each new Order will indicate the desired Digital Currency Pair, the side (buy or sell), the desired amount, an optional Limit Price, an optional Stop Price, and additional options which may include the following: • Good Til Cancel (GTC): Order will stay on the book at the specified limit price until filled or cancelled.