Market If Touched Order (MIT)

The market if touched order, or ‘board order’ has commonalities with the stop order. The price is specified for the buy or sell, and when the price is touched, the order is triggered to become executed at the current market price. The MIT order differs with the stop order, in that the buy order is placed below current market price and the sell order is placed above current market price.

• Market Order • Limit Order • Stop Order • Stop Close Only • Stop Limit • Fill Or Kill	• Market On Open • Market On Close • Good Til Cancelled • Straight Cancel Order • Cancel Replace Order
Types of Commodity Orders