Home > Term: trigger limit
trigger limit
Limit setting the next paid price which will trigger a buy or sell order being sent to the exchange. A buy order is triggered if the last price paid on the exchange is equal to or higher than the trigger limit. A sell order is triggered if the last price paid on the exchange is equal to or less than the trigger limit.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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