market if touched (MIT)
An order to sell or buy a security at the best bid or ask if a trade takes place at a certain price level. A market if touched buy order is placed below the current trading price and a market if touched sell order is placed above the current trading price. Compare to stop order.
Browse by Subjects
market if touched (MIT)
time order
See All Related Terms »

hot money
valuation of a business
petty cash voucher
NASD Dispute Resolution, Inc.