Conditional Orders
A conditional order is any order other than a limit order which is executed only when a specific condition is satisfied.
Read more about this topic: Order (exchange)
Famous quotes containing the words conditional and/or orders:
“Computer mediation seems to bathe action in a more conditional light: perhaps it happened; perhaps it didn’t. Without the layered richness of direct sensory engagement, the symbolic medium seems thin, flat, and fragile.”
—Shoshana Zuboff (b. 1951)
“He was thoughtful and grave—but the orders he gave
Were enough to bewilder a crew.
When he cried “Steer to starboard, but keep her head larboard!”
What on earth was the helmsman to do?”
—Lewis Carroll [Charles Lutwidge Dodgson] (1832–1898)