Sell limit order

Sell limit order

Conditional trading order that indicates that a security may be sold at the designated price or higher. Related: Buy limit order.
References in periodicals archive ?
Similarly, a nonmarketable sell limit order is a sell limit order with a price limit above the NBB at the time it is sent, because at that moment, no one in the market is willing to buy at a price this high.
Why might Lightning wish to cancel its sell limit order on NASDAQ?
00 sell limit order even if in fact the book contains no room to improve its position by selling to Smartmoney at a higher price.
22) An HFT uses high-speed communications to constantly update its information concerning transactions occurring in each stock that it regularly trades, as well as changes in the buy and sell limit orders posted by others on every major trading venue.
It's a buy or sell limit order which remains valid for 45 days.
Lowprice then posts a new 1,000-share sell limit order for IBM on EDGE for $161.
Using an ultra-fast connection between the co-location facility at NYSE and Opaque, a sell limit order for 1,000 shares at $161.
For a posted sell limit order, this stated limit price is an "offer.
In addition, NYSE Rule 118 and AMEX Rule 132 dictate how specialists must handle the prices specified by good-till-canceled buy and sell limit orders.
NYSE Rule 118 and AMEX Rule 132 lead to nonzero abnormal ex-day returns under the following conditions: (i) the mean last cum-dividend day closing price is the mean of the inside quotes specified by outstanding good-till-canceled buy and sell limit orders, (ii) on the ex-dividend day, the bid and asked quotes are those of outstanding limit orders previously placed by investors during the cum-dividend period and adjusted as specified by NYSE Rule 118 and AMEX Rule 132, and (iii) the closing trade on the ex-day is at one of these two quotes, with equal probabilities.
Upgraded Active Trader Ladder Functionality - traders can now place marketable limit orders outside of the best Bid or Offer, that is, buy limit orders above the offer and sell limit orders below the bid;
ECNs, or Electronic Communications Networks, are regulated agency brokers that facilitate continuous matching of customer buy and sell limit orders while providing those orders with direct electronic access to the national market system.