Stop price
Topic: Finance
From Handwiki - Reading time: 2 minA stop price is the price in a stop order that triggers the creation of a market order. In the case of a Sell on Stop order, a market sell order is triggered when the market price reaches or falls below the stop price. For Buy on Stop orders, a market buy order is triggered when the market price of the stock rises to or above the stop price.
In addition, if a Stop Limit is also indicated in the stop order, the resultant order will be a corresponding limit order as opposed to a market order.
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Original source: https://handwiki.org/wiki/Stop price
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Original source: https://handwiki.org/wiki/Stop price
Status: article is cached
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