# Stop order

- Canonical URL: https://www.gerhardmerk.de/stop-order-2
- Post ID: 591022
- Modified: 2023-07-25T21:13:28+00:00
- Language: en

## Definition

Conditional stock exchange order for precautionary loss limitation. The stop order instructs the bank or broker to sell a commodity at the best possible price if the market price falls below a certain line. Such conditional orders are very common in foreign exchange, precious metals and commodities trading (an order to a broker to sell when the price of an asset falls to a designated level). - An instruction to the broker or bank to cancel placed orders (an order to cancel pending transactions that are placed with the broker or the bank). - See all-or-nothing order, cap, GTC order, limit, collateral block, cancel, day order. - Cf. BaFin Annual Report 2006, p. 173 (facts of stop order fishing). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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