Limit Order

In trading, a limit order is a type of order made by an investor to a broker. A limit order is only valid if the trade can be performed at a price equal or better than a limit price which the investor specifies.

This prevents brokers from purchasing securities at prices higher than those which investors are willing to pay, or from selling securities at prices lower than investors are willing to sell at.

Limit orders can be used both for purchasing securities (buy limit order) and for selling securities (sell limit order).

More on this topic:
Swiss stock broker comparison
Fill or kill order
Good for day order
Day order

About moneyland.ch

moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. More than 80 unbiased comparison tools and calculators are available on moneyland.ch, 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.