Limit order

Euromoney  Sep 24  Comment 
Proponents of central limit order book (CLOB) point to its ability to deliver liquidity at times of extreme market stress, but they have yet to convince the majority of market participants that the price is worth paying.
Mondo Visione  Oct 22  Comment 
Please be advised that EDGX Exchange, Inc. (EDGX®) has discovered a discrepancy between its order priority rule, EDGX Rule 11.8(a)(2), and existing functionality on the Exchange's System. This discrepancy has existed since EDGX officially...
Wall Street Sector Selector  May 9  Comment 
Mondo Visione  Sep 30  Comment 
Woodbine Associates ( announces the release of a new report entitled "U.S. Exchange and ECN Performance, Second Half 2009." The report focuses on how exchanges and ECNs compare in terms of the handling of basic...
Fund my Mutual Fund  Jan 12  Comment 
Could of not asked for a better outcome in DragonWave (DRWI).  We mentioned late yesterday we were looking for the gap at $12.42 to fill; I placed a limit order for 2.25% exposure at $12.44.  The stock fell to $12.37 this AM and is now bouncing...
The Hindu Business Line  Sep 18  Comment 
New Delhi, Sept. 17 The Centre has allowed State Governments to impose stock-holding limits and related restrictions in respect of private trade in rice, paddy, edible oils, pulses and sugar for a further period till September 30,


A limit order is an order to buy or sell securities at a specified price or better. Limit orders also allow an investor to limit the length of time an order can be outstanding before being canceled. Usually you can specify if the limit order is "good for the day" or "good until canceled."

Limit orders are also called buy limit orders or sell limit orders.

Here is an example of a buy limit order. If stock ABC is at $15 and you want to buy it at $12, you set a buy limit order at $12. This guarantees you will pay no more than $12 a share for this stock. If the stocks falls to $12 or less, you will automatically buy the shares.

Here is an example of a sell limit order. If you own stock ABC which is at $15 and you want to sell it at $18, you set a sell limit order at $18. This guarantees that you will sell your stock for $18 or more.

Limit orders cost more than market orders.

Traders typically use limit orders on low-volume or high volatility stocks.

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