A type of limit order in which the limit price is derived from, or linked to, a given trading variable or parameter, such as the last sale, the last sale less one tick, the midpoint of the bid and offer, etc.
March 16, 2024


A type of limit order in which the limit price is derived from, or linked to, a given trading variable or parameter, such as the last sale, the last sale less one tick, the midpoint of the bid and offer, etc.