Fixed order and limit-only order

Unless otherwise defined, the instruction to a broker not to – buy above the specified price or – sell below the price specified by the customer (the fixed price stated by a customer to a broker constraining the execution of an order to buy for not more than, or to sell for not less than, the stated price). – See execution, full, day trading, fill-or-kill order, market-if-touched order, order, valid for the day, sell-plus order, stop order, day order.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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