Limit Order

« Back to Glossary Index

A limit order is termed as a kind of order for buying or selling a security at a specific price or even a better one. For the buy limit orders, the order will be executed at a certain point where the limit price of the lower one takes place. For the sell limit orders, the order will solely be executed when the limit price has been achieved or a higher one. This stipulation permits the traders to control the values they trade at better.

« Back to Glossary Index