Limit-on-Close Order

In trading, a limit-on-close (LOC) order requests that a broker buy or sell specified securities if the price is equal or more favorable than a specified limit price at the time that an exchange closes. If it is not, the order is canceled by default.

See also: Limit-on-open order

More on this topic:
Swiss stock broker comparison
Limit order
Day order
Good for day order
Fill or kill order
Limit-on-open order
Limit-on-close order
Market order

About is Switzerland’s independent online comparison service covering banking, insurance and telecom. More than 80 unbiased comparison tools and calculators are available on, along with useful financial guides and timely news. The comprehensive comparison tools help you to find the right insurance policies, bank accounts, credit and prepaid cards, loans, mortgages, trading accounts and telecom products for your needs.