If the Nominal Price is lower than both the defined Stop Loss Price and Lowest Selling Price, will it be further executed?
If the order is not executed even at the Lowest Selling Price, such Stop Loss Order will be treated as a Normal Limit Order at the Lowest Selling Price and will be placed to the market for queuing. Once the Stop Loss Order is triggered, regardless of the final execution result at the end of the trading day, the order will be lapsed and cancelled and will not be carried forward to next trading day.
Related Questions
- I have a "pre-foreclosure" listing that isn’t selling and the homeowner can’t lower the price since they have no equity. How can a short sale help?
- If the Nominal Price is lower than both the defined Stop Loss Price and Lowest Selling Price, will it be further executed?
- Can any prices be inputted for Stop Loss Price and Lowest Selling Price?