FT MarketWatch

Market if touched order

An Order which becomes a Market order if and when the specified price is reached. The Order is carried out at the first available price after the specified price has been reached, which is not always equal to the specified price.

Related Terms: 6 ACH, Car, ECI, Market order, Market, Order
Other Related Pages: Category: Trading Starting With: M
Additional Related Terms: 10-Q, 10-K, Available assets, ACH, Accrued market discount, After-tax basis, Asked price, Asking price, At par, All or any part