Stop Order

A stop order is an instruction by which an investor orders a broker to buy or sell securities on their behalf if the price of those securities or their underlying assets falls below or above a certain threshold.

A stop buy order is used to trigger a purchase of securities when their price reaches a predetermined stop buy limit. A stop loss order is used to trigger a sale of securities when their price decreases to a predetermined stop loss limit.

More on this topic:
Online Trading Platform Comparison

About moneyland.ch

moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. More than 70 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.