Stop Limit Order Law and Legal Definition
Stop Limit Order is a stop order that becomes a limit order after the specified stop price has been reached. Stop Order is an order to buy securities at a price above or sell at a price below the current market. The primary benefit of a stop-limit order is that the trader has precise control over when the order should be filled.
Legal Definition list
Related Legal Terms
- Advanced Truck Stop Electrification System
- Affiliation Order
- Aggregate Lifetime Limit
- Aggregate Limit [Insurance]
- Agreed Order
- Agreement on Border Environment Cooperation Commission
- Alcohol-Related Neurodevelopmental Disorders
- All-Limitations Rule
- Alternate Payee to Qualified Domestic Relations Order
- Annual Limit on Intake (ALI)
