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An order that will be executed when a specified market price is reached.
Open Order
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Common Trading Terms
Related Terms
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A passive order is a trading order in which the order price is different from the market price. An order is...
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Slippage occurs when an order is filled at a price that is different from the requested price. The...
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A limit order is an order placed to either buy below the market or sell above the market at a certain...
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A stop order is an order placed to either buy above the market or sell below the market at a certain...
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A market order is an order to quickly buy or sell at the best available current price. It is an instruction...
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