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Market if Touched

Market if Touched (MIT) order - An order that becomes a market order if the price specified is reached.

Related Terms:

Stop Order
A stop order is an order to buy or sell a stock once the price of ...

Market Order
An order to buy or sell securities at the price given at the time the order ...

Stop Limit
This is an order that says once the stock's market price touches or goes below the ...

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