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Sell stop orders are filled when an actual trade takes place at or below
the STOP, whichever happens first.
At 09:06 04-02-98 -0800, you wrote:
>Dear Listmembers,
>
>I have a question on stop orders: when is a sell stop order on stocks filled?
>When there is an actual trade AT or BELOW the stop, or when the bid falls
AT or BELOW
>the stop. And is it AT or BELOW?
>Furthermore, is it the same for NYSE AMEX and NASDAQ? How is it in index /
equities
>options?
>Thank you all.
>
>
>Alberto Torchio
> Torino, Italy
>
>
>
>
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