Pegged Order

In trading, a pegged order is an order placed by an investor to a broker requesting that they buy or sell securities at a rate defined by an index – such as a national best bid or offer index.

More on this topic:
Swiss stock broker comparison
Limit order
Day order
Good for day order
Fill or kill order
Limit-on-close order
Limit-on-open order
Market order
Market-on-open order
Market-on-close order
Stop market order
Stop limit order
Trailing stop order
Reserve order
Discretionary reserve order

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