Common use of Stop Order Clause in Contracts

Stop Order. Different from a limit order, a stop order allows selling below the current market price or buying above the current market price if the stop price is reached or breached. A stop order is therefore a pending order until the stop price is reached or breached.

Stop Order. Different from a limit order, a stop order allows selling below the current market price or buying above the current market price if the stop price is reached or breached. A stop order is therefore a pending “sleeping” market order until the stop price is reached or breached. A stop limit order is a variation of a stop order as described above with a lower (higher) limit price to suspend trading if the price falls (rises) too far before the order is fi¬lled restricting trading to a predefi-xxx xxxxx range.

Stop Order. 2.4.1. Different from a limit order, a stop order allows selling below the current market price or buying above the current market price if the stop price is reached or breached. A stop order is therefore a pending “sleeping” market order until the stop price is reached or breached.