Market if touched

In financial markets, market if touched or MIT is a type of order that will be executed when the price is touched (when a predetermined value has been reached and the futures contract will trade or bid at the price).[1][2]

Financial markets

Public market Exchange · Securities
Bond market
Bond valuation Corporate bond Fixed income Government bond High-yield debt Municipal bond Securitization
Stock market
Common stock Preferred stock Registered share Stock Stock certificate Stock exchange
Other markets
Derivatives (Credit derivative Futures exchange Hybrid security) Foreign exchange (Currency Exchange rate) Commodity Money Real estate Reinsurance
Over-the-counter (off-exchange)
Forwards Options Spot market Swaps
Trading
Participants Regulation Clearing
Related areas
Banks and banking Finance corporate personal public

Stock buyers can place an MIT order to buy or to sell.

References

Carew, Edna (1985). "Market-if-touched order". The language of money. London: Allen & Unwin. pp. 210–211. ISBN 0-86861-439-4. OCLC 12938967. Retrieved 2008-08-15.
"Market-if-touched (MIT) Definition - Nasdaq".

External links

Roboforex Review

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