Stop Market Order

In trading, a stop market order is an order made to a broker by which a sale or purchase of securities is triggered when a specific price is reached. The order only becomes a market order if and when the price of a security matches the specified price. Securities are then sold at the going market rate.

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Swiss stock broker comparison
Limit order
Day order
Good for day order
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Limit-on-close order
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Market order
Market-on-open order
Market-on-close order

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