Listen to a Business English Dialogue About Stop limit order
Eliana: Gabriel, have you ever heard of a stop limit order in finance?
Gabriel: Yes, Eliana. A stop limit order is an instruction to buy or sell a stock once it reaches a certain price, but only if it can be executed at a specific limit price or better.
Eliana: That’s correct. It’s a way for investors to control the price at which they buy or sell a stock, adding an extra layer of protection to their trades.