An order which becomes a market order if and when the specified price is reached. The order is carried out at the first available price after the specified price has been reached, which is not always equal to the specified price.
Related information about market if touched order:
- Market If Touched (MIT) Definition | Investopedia
When using a buy market-if-touched order, a broker will wait until the security ... A sell market-if-touched order will activate when the price of a security rises to ...
- Market if Touched Orders
Create a BUY order, and select MIT in the Type field to specify a market if touched order (MIT). In the Trigger Price field, enter the trigger price of $16.58. Transmit ...
- Market if Touched Order
A Market if Touched (MIT) is an order to buy (or sell) a contract below (or above) the market. This order is held in the system until the trigger price is touched, and ...
- Market if touched - Wikipedia, the free encyclopedia
[edit] References. ^ Carew, Edna (1985). "Market-if-touched order". The language of money. London: Allen & Unwin. pp. 210–211. ISBN 0-86861-439-4.
- Market If Touched Order (MIT): Definition from Answers.com
order to buy or sell a security or commodity as soon as a preset market price is reached, at which point it becomes a market order.
- What is market if touched order? definition and meaning
Definition of market if touched order: An order which becomes a market order if and when the specified price is reached. The order is carried out at the first ...
- Market If Touched (MIT) Orders | NinjaTrader 7 - YouTube
Feb 1, 2012 ... When using a buy market if touched order, NinjaTrader 7 will wait until the ... A sell market if touched order will activate when the price of a ...
- Market If Touched Order - Financial Dictionary - The Free Dictionary
An order to a broker to buy or sell a security at a certain price when that price becomes available. MITs are common in futures markets, and often come from ...