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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|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
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| 15:30 | Durable Goods Orders | Nov | |
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