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What are Triggered limit and stop-loss orders?

Updated over 4 years ago

Triggered limit and stop-loss orders are available for US securities.

Triggered orders are available for fractional shares. A triggered order will go through as a market order when the price requested is met. Orders will be executed at the best available price at the time.

Triggered stop losses is a market order that will execute if a share price falls to or below the price defined. Orders will be executed at the best available price at the time.

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