Pending order意思
"Pending order" is a term commonly used in finance and trading to refer to an order that has been placed but has not yet been executed. When an investor or trader places an order to buy or sell a security, such as a stock, currency, or commodity, the order is said to be pending until it is filled, which means that the trade is completed at the desired price.
Pending orders are typically placed with a broker or trading platform and are held in a queue until the specified conditions are met. There are several types of pending orders, each designed to execute under certain price conditions:
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Limit Order: An order to buy or sell at a specific price or better. The order will only execute at the limit price or lower if it's a buy order, or higher if it's a sell order.
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Stop Loss Order: An order to sell if the price falls to a certain level (a stop-loss order to sell short), or to buy if the price rises to a certain level (a stop-loss order to buy long).
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Stop Limit Order: An order that combines the features of a stop loss order with a limit order. It acts as a stop loss order until the price reaches the stop level, at which point it becomes a limit order.
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Take Profit Order: An order to sell if the price rises to a certain level (a take profit order to sell short), or to buy if the price falls to a certain level (a take profit order to buy long).
Pending orders are used by traders and investors to manage risk, capture gains, or to enter into a position only when the market reaches a certain price. They allow for a disciplined approach to trading and can help to ensure that trades are executed according to a pre-determined plan.
In the context of real estate, a "pending order" might refer to a pending sale or purchase of a property, where the sale is not yet finalized but is expected to close after certain conditions are met, such as the completion of inspections, appraisals, and the mortgage approval process.