Threshold Triggered Order

A threshold triggered order (TTO) is an order type by which an investor can specify two trigger prices – one upper and one lower trigger. If the price of a security reaches either the upper or the lower limit, the order becomes a market order and the broker buys or sells securities as specified.

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
Pegged reserve order
Market-if-touched order
Stop loss order
Limit-if-touched order

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.