Business, Legal & Accounting Glossary
Type of order that allows an investor to specify conditions upon which the order would occur. If those conditions are not met, then the investor’s specific order will not be executed. One example of a conditional order is a limit order, where the investor specifies that the order is not executed until the stock price reaches a certain point.
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This glossary post was last updated: 20th November, 2021 | 0 Views.