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Stop-Limit Order

Stop trigger with limit price protection

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What is Stop-Limit Order?

Stop-Limit Order An order combining a stop price (trigger) with a limit price (maximum/minimum execution price). Once the stop is triggered, the order becomes a limit order rather than a market order, providing price protection but with the risk of not being filled if the market moves past your limit.

Complete definition

An order combining a stop price (trigger) with a limit price (maximum/minimum execution price). Once the stop is triggered, the order becomes a limit order rather than a market order, providing price protection but with the risk of not being filled if the market moves past your limit.

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