What does 'At Limit' mean

At limit is an order that sets a maximum limit on the buy price and/or a minimum limit on the sell price. An at limit order, rather than triggering a transaction at a specified price, like a standard limit order, stops triggering once the limit is reached.

BREAKING DOWN 'At Limit'

At limit orders can be especially useful when one is placing bulk orders or if the market is moving very rapidly in one direction or the other. It's also helpful when one is seeking to accumulate or dissipate a position over time.

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  1. How do I place a limit order online?

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    Buy and sell trades with market orders at the present stock price and execute limit orders if the stock price falls within ... Read Answer >>
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    Learn the differences between a stop order and a stop limit order. Traders use these as stop losses and regular investors ... Read Answer >>
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    Learn how a buy limit order is used by an investor who wants to buy a stock at a certain price, and understand how limit ... Read Answer >>
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