Market if touched
From Wikipedia the free encyclopedia
| Part of a series on |
| Financial markets |
|---|
 |
| Bond market |
| Stock market |
| Other markets |
| Over-the-counter (off-exchange) |
| Trading |
| Related areas |
 | This article needs to be updated. (April 2024) |
In financial markets, market if touched or MIT is a type of order that will be executed when the price is touched (when a predetermined value has been reached and the futures contract will trade or bid at the price).[1][2]
This type of order triggers a market order only when the security reaches a specified sell price.[3] Stock buyers can place an MIT order to buy or to sell.
See also[edit]
References[edit]
- ^ Carew, Edna (1985). "Market-if-touched order". The language of money. London: Allen & Unwin. pp. 210–211. ISBN 0-86861-439-4. OCLC 12938967. Retrieved 2008-08-15.
- ^ "Market-if-touched (MIT) Definition - Nasdaq".
- ^ "Market-If-Touched (MIT) Order: Meaning, Overview, Example". Investopedia. Retrieved 2023-07-25.
External links[edit]
 | This finance-related article is a stub. You can help Wikipedia by expanding it. |