stop-close-only order

Definition of "stop-close-only order"
  1. An order to buy or sell a security that can only be carried out, if feasible, during the market's closing period
How to use "stop-close-only order" in a sentence
  1. The investor put a stop-close-only order to sell his stock when its price fell.
  2. The stop-close-only order came into effect, selling the shares at the end of the day.
  3. To prevent further losses, she issued a stop-close-only order on her investment.

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