Dictionary
- LIBOR
- London Inter-Bank Offer Rate. The rate of interest that major international banks in London charge each other for borrowings.
- Limit
- The customer’s instruction to close a profitable position at a specific price.
- Limit Order
- An order that instructs a broker to buy or sell a specified amount of a security at a specified price or at a better price.
- Limit Position
- Maximum of allowable size of an open position.
- Limit Sell Order
- The order where a client asks to sell assets at or above a price limit even if current price of the asset is below that limit.