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Stop orders



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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