Sell Order

A sell order is any trading order which is used to instruct a broker to initiate a sale of securities. Stop-loss orders, sell limit orders and sell market orders are just a few examples of sell orders.

Example: You own 10,000 shares in a company’s stock. In order to raise money, you choose to offer your shares up for sale. You place a sell market order instructing your stock broker to sell your shares immediately at the best available bids. The broker connects with the brokers of investors who want to buy your shares through a stock exchange and sells your shares to the brokers which bid the highest amount of money for them. The broker then passes on the money raised from the sale to you, minus their brokerage fees.

See also: Buy order

More on this topic:
Swiss stock broker comparison

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