Box-Top Order


DEFINITION of 'Box-Top Order'

A buy or sell order made at the best market price. If the order cannot be completely filled, a limit order is placed for the remaining shares at the price at which the filled portion was executed.


For example, if a trader entered a box-top order to buy 1,000 shares at the current market price of $50, and only half of the shares are traded at that price, then a buy limit order is placed for the other 500 shares. If at any point during the life of the order the price returns to $50, the limit order kicks in and the remaining shares will be traded at $50.

  1. Limit Order

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  2. Order

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  3. Stop Order

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  4. All Or None - AON

    A condition used on a buy or sell order to instruct the broker ...
  5. Market Order

    An order that an investor makes through a broker or brokerage ...
  6. At The Lowest Possible Price

    A type of security trading designation that instructs a brokerage ...
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  1. How do I place an order to buy or sell shares?

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  3. How do I place a buy limit order if I want to buy a stock during an initial public ...

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