Market-With-Protection Order
- Market-With-Protection Order
A type of market order that is canceled and re-submitted as a limit order if the price of the asset moves dramatically after the investor places the order. The limit on the limit order is placed at around the current market price as determined by a broker. This type of order adds a protective measure, helping the investor ensure his or her market order will not be completed at a price that is far off from the market price at the time of the order.
For example, say you place a market-with-protection order to sell 1,000 shares at the current market price of $45. If half of the order is filled at this price but the price of the shares start to fall rapidly to $35, the original market order is canceled and a limit order is placed for the remaining shares at $40. If the price climbs back to $40, the rest of the shares will be sold. If there was no protection on the order, the shares may have been sold at $35, which is far off from the market price of $45 that the investor originally wanted.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Order of the Phoenix (organisation) — Order of the Phoenix Harry Potter association Some Order of the Phoenix members in the Harry Potter and the Order of the Phoenix film adaptation, from left to right: Alastor Moody, Nymphadora Tonks, Sirius Black, Remus Lupin, and Albus Dumbledore … Wikipedia
MARKET DAYS AND FAIRS — The nomadic nature of early medieval trade and the wide ranging contacts of Jewish merchants throughout the period made Jewish traders early and eager participants in market days and fairs, in spite of the religious and social problems attendant… … Encyclopedia of Judaism
Market America — Type Private Industry Internet Marketing Founded 1992 Founder(s) JR Ridinger Loren Ridinger … Wikipedia
market — marketer, n. /mahr kit/, n. 1. an open place or a covered building where buyers and sellers convene for the sale of goods; a marketplace: a farmers market. 2. a store for the sale of food: a meat market. 3. a meeting of people for selling and… … Universalium
Market-linked CD — A market linked CD (MLCD) [1] is also referred to as an equity linked CD, market indexed CD or simply an indexed CD as well. It is a specific type of certificate of deposit that is linked to the performance of one or more securities or market… … Wikipedia
Social Protection — ▪ 2006 Introduction With medical costs skyrocketing and government programs scaled back, citizens bore more responsibility for their health care costs; irregular migration, human trafficking, and migrant smuggling posed challenges for… … Universalium
Consumer Protection Act. (CPA) South Africa — The Consumer Protection Act, No. 68 of 2008 was signed on 24 April 2009. It aims to: • Promote a fair, accessible and sustainable marketplace for consumer products and services; • Establish national norms and standards to ensure consumer… … Wikipedia
Mail-order bride — is a label applied to a woman who publishes her intent to marry someone from another, usually more financially developed, country.[1] This term is considered offensive by some definitions.[2] The mail order bride industry is the economic trade of … Wikipedia
Pike Place Market — Pike Place Public Market Historic District U.S. National Register of Historic Places U.S. Historic district … Wikipedia
Grey market — Dark market redirects here. For the Internet forum, see DarkMarket. A grey market or gray market also known as parallel market[1] is the trade of a commodity through distribution channels which, while legal, are unofficial, unauthorized, or… … Wikipedia