sell limit order
An instruction placed with a broker that requests the broker offer a certain amount of an asset at a certain price or higher on behalf of the Client. Forex traders could use a sell limit order if they currently had a long position in a currency pair and wanted to take profits at an exchange rate that was above the rate currently available in the market.
Browse by Subjects
See All Related Terms »
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):