A market order that, should the asset price shift dramatically, is cancelled but then resubmitted as a limit order. This protects the investor and makes certain that the market order is done at the established market price. The broker determines when the limit order is necessary.
Related information about market-with-protection order:
- Market-With-Protection Order Definition | Investopedia
A type of market order that is canceled and re-submitted as a limit order if the price of the asset moves dramatically after the investor places the order. The limit ...
- Market with Protection Orders
A Market with Protection order is a market order that will be cancelled and ... Select MKT PRT in the Type field to specify a market-with-protection order. Submit ...
- Order Types and Algos - Interactive Brokers
A Market with Protection order is a market order that is cancelled and resubmitted as a limit order if the entire order does not immediately execute at the market ...
- What is market-with-protection order? definition and meaning
Definition of market-with-protection order: A market order that, should the asset price shift dramatically, is cancelled but then resubmitted as a limit order.
- Market-with-Protection Orders financial definition of Market-with ...
For example, one may issue a market-with-protection order to buy a stock for $10 per share. If the price of that stock jumps to $18 per share before the order is ...
- market values - The Free Dictionary
Market with Protection Order · Market with Protection Orders · Market Workers Justice Campaign · Market Year · Market Yield Adjustment · Market, Loan Capital ...
- Market Value Ratio - Financial Dictionary - The Free Dictionary
Market-Value-Weighted Average · Market-with-Protection Order · marketability ... Market with Protection Order · Market with Protection Orders · Market Workers ...
- Market Value - Legal Dictionary - The Free Dictionary
Market with Protection Order · Market with Protection Orders · Market Workers Justice Campaign · Market Year · Market Yield Adjustment · Market, Loan Capital ...