| 释义 |
switch order Switch orderOrder for the purchase (sale) of one stock and the sale (purchase) of another stock at a stipulated price difference. Contingent order, swap.Swap OrderAn order to a broker to buy a security and sell the same security, but only if the broker can achieve a certain price differential. For example, an investor may make a swap order to buy a certain number of shares of Stock X and sell the same number of shares, but only if the broker can sell them at $1 more per share. If the broker is unable to do this, then no part of the order is executed. A swap order is also called a switch order.switch order See swap order. |