stop order - open outcry

stop order - open outcry
An order which specifies a price at which the order is activated and becomes a limit order. A buy stop is entered above the current market and becomes a limit order when the commodity trades at or above the specified stop trigger price. A sell stop is entered below the current market. It becomes a limit order when the commodity trades at the stop price or below. The stop can immediately execute up to the limit price. Chicago Mercantile Exchange Glossary

Financial and business terms. 2012.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • stop-close only order - open outcry — A stop order that is executed only during the closing range of the trading session. Chicago Mercantile Exchange Glossary …   Financial and business terms

  • Open outcry — Until 2009[1], trades on the floor of the New York Stock Exchange always involved a face to face interaction. There is one podium/desk on the trading floor for each of the exchange s three thousand or so stocks …   Wikipedia

  • stop with a price limit - open outcry — A stop order with a specified worst price at which the order can be filled. Chicago Mercantile Exchange Glossary …   Financial and business terms

  • stop limit order - GLOBEX and open outcry — An order that becomes a limit order only when the market trades at a specified price. Chicago Mercantile Exchange Glossary …   Financial and business terms

  • enter open stop open outcry — EOS (Enter Open Stop) open outcry An instruction to the clearing firm, not the floor broker, to enter a stop order after execution of a previous order. Chicago Mercantile Exchange Glossary …   Financial and business terms

  • EOS (enter open stop) open outcry — An instruction to the clearing firm, not the floor broker, to enter a stop order after execution of a previous order. Chicago Mercantile Exchange Glossary …   Financial and business terms

  • EOS open outcry — EOS (Enter Open Stop) open outcry An instruction to the clearing firm, not the floor broker, to enter a stop order after execution of a previous order. Chicago Mercantile Exchange Glossary …   Financial and business terms

  • Order of the Phoenix (organisation) — Order of the Phoenix Harry Potter association Some Order of the Phoenix members in the Harry Potter and the Order of the Phoenix film adaptation, from left to right: Alastor Moody, Nymphadora Tonks, Sirius Black, Remus Lupin, and Albus Dumbledore …   Wikipedia

  • CME Globex Order Types — Unless the customer and broker agree otherwise, it will be presumed that all orders of a type other than those listed below are to be executed by open outcry rather than on the CME Globex System. The following order types are eligible to be… …   Financial and business terms

  • GLOBEX Order Types — Unless the customer and broker agree otherwise, it will be presumed that all orders of a type other than those listed below are to be executed by open outcry rather than on the GLOBEX System. The following order types are eligible to be entered… …   Financial and business terms

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”