Reserve Order

A reserve order, also referred to as an iceberg order is a type of order used in stock trading.

After a reserve order is placed with a broker, the order is broken down into many equally-sized smaller orders. Each of these smaller orders is only sent by the broker to the exchange when the previous order has been fulfilled.

This order automates the process of making multiple individual orders in succession in order to prevent the market fluctuations which may occur if a single, large order were executed.

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Online private account

UBS Banking for adults

  • Open and manage your account, savings account, and cards easily in the UBS Mobile Banking App

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Pillar 3a

Spectravest

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  • Leading Swiss online bank with FINMA license

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Editor Daniel Dreier
Daniel Dreier is editor and personal finance expert at moneyland.ch.

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