- scale order
- An order to buy (or sell) a security which specifies the total amount to be bought (or sold) and the amount to be bought (or sold) at specified price variations
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
scale order
Look at other dictionaries:
Scale Order — A type of order that comprises several limit orders at incrementally increasing or decreasing prices. If it is a buy scale order, the limit orders will decrease in price, triggering buys at lower prices as the price starts to fall. With… … Investment dictionary
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