WHAT IS 'Sell Plus'

Sell plus is a term that refers to a type of stock transaction. In market trading, a sell plus is when an investor orders their broker or brokerage firm to sell a specific amount of stock at a set price that is more than the stock’s current value.


Sell plus is when an investor orders a sale of a quantity of stock at a price that is above the current market price. Sell plus is a kind of order. An order itself refers to the instructions an investor gives to the party responsible for buying and selling the investor's securities on their behalf. Sell plus orders only occur when a stock is on the rise and then the price is reached. In this sense, sell plus orders are similar to limit orders.

For example, shares of Corporation A investments have a last traded price of $10. A sell plus order in this case would be any sell order that has a price greater than $10. If the investors order their broker to sell their shares of Corporation A at a price of $15 a share it is a sell plus order. The broker will only sell the investor’s shares if the market price of Corporation A rises to $15 a share.

From the Investor to the Broker: Buying and Selling Orders  

There are countless exchanges and securities to trade, but investors most commonly buy and trade on the secondary market.  It is compulsory for all investors, both individuals and corporations, to trade through brokers--hence the necessity of placing orders. An investor must place an order with their broker in order to buy or sell stocks and securities. There are various categories of orders that help investors buy and sell at their desired price and time. Setting an order as to when and at what price an investor would like to buy or sell a security with their broker or brokerage firm affects an investor’s profit or loss.

A limit order is the most similar to a sell plus order, and is when an investor instructs their broker to purchase shares below an agreed upon price. Investors place limit orders to make sure they only pay a specific price for the security that has the order on it. As opposed to market orders which a broker executes by the end of trading day, limit orders stay in effect until the broker purchases the security, or the order expires or is canceled.

One of the most common orders is a market order, which is when the order tells the broker to complete the order as soon as possible without specifying a price. These orders typically must be completed by the end of the day.

  1. Fill

    A fill is the action of completing or satisfying an order for ...
  2. Limit Order

    A limit order is an order placed with a brokerage to execute ...
  3. Away From The Market

    Away from the market means the bid on a limit order is lower ...
  4. Above The Market

    Above the market refers to an order to buy or sell at a price ...
  5. Firm Order

    A firm order may be referred to as an order for a trade from ...
  6. Day Order

    A day order automatically expires if not executed on the day ...
Related Articles
  1. Trading

    Stop-Loss or Stop-Limit Order: Which Order to Use?

    While both can provide protection for traders, stop-loss orders guarantee execution, while stop-limit orders guarantee price.
  2. Trading

    How To Place Orders With A Forex Broker

    Learn how to set each type of stop and limit when trading currencies.
  3. Investing

    Narrow Your Range With Stop-Limit Orders

    With stop-limit orders, buyers protect themselves from prices too high for their tastes.
  4. Trading

    The Basics of the Bid-Ask Spread

    The bid-ask spread is the difference between the bid price and ask price prices for a particular security.
  5. Investing

    Understanding Buy Stop Orders

    A buy stop order is an order to buy a stock at a specific price above its current market price.
  1. How do I place an order to buy or sell shares?

    Read a brief overview of how to open a brokerage account, how to buy and sell stock, and the different kinds of trade orders ... Read Answer >>
  2. What's the difference between a stop and a limit order?

    A limit order is an order that sets the maximum or minimum at which you are willing to buy or sell a particular stock. With ... Read Answer >>
  3. What is the difference between a buy limit and a sell stop order?

    Understand the differences between the two order types, a buy limit order and a sell stop order, and the purposes each one ... Read Answer >>
  4. Why can't I enter two sell orders on the same stock?

    The limitation on sell orders protects investors. Learn 3 reasons why you can't enter multiple sell orders and the downsides ... Read Answer >>
Hot Definitions
  1. Diversification

    Diversification is the strategy of investing in a variety of securities in order to lower the risk involved with putting ...
  2. Intrinsic Value

    Intrinsic value is the perceived or calculated value of a company, including tangible and intangible factors, and may differ ...
  3. Current Assets

    Current assets is a balance sheet item that represents the value of all assets that can reasonably expected to be converted ...
  4. Volatility

    Volatility measures how much the price of a security, derivative, or index fluctuates.
  5. Money Market

    The money market is a segment of the financial market in which financial instruments with high liquidity and very short maturities ...
  6. Cost of Debt

    Cost of debt is the effective rate that a company pays on its current debt as part of its capital structure.
Trading Center