MARKET IF TOUCHED - MIT
A conditional order to become a market order only if a security reaches or touches a specific price. When a buy market-if-touched order occurs, a dealer will hold on to the security until it falls below the current trading price. Conversely, a sell market-if-touched order will take place if the security price goes up the present trading price.
Also called board order.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
