buy stop order

Definition

A buy order which is to be held until the market price rises to a specified stop price, at which point it becomes a market order. This is not permitted for over-the-counter trading. also called suspended market order.

Use buy stop order in a sentence

It was a buy stop order and that meant it was going to be held and that was really interesting to me.

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You may want to put out a buy stop order so that you can get exactly what you want done at the right time.

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The financial advisor suggested a buy stop order for his client, suggesting waiting until the price rose to $30.00 per share before investing in XYZ Company.

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