I am interested in knowing if there is a limit on the close price for stocks. I want to understand if there are any restrictions or boundaries set for the final price at which a stock can close on the market.
7 answers
ZenBalance
Mon Dec 23 2024
A limit-on-close (LOC) order represents a specific type of trading instruction.
Tommaso
Mon Dec 23 2024
It functions as a limit order but with a unique timing condition.
Raffaele
Mon Dec 23 2024
This order is designed to be executed at the end of the market's trading day.
HallyuHero
Sun Dec 22 2024
Limit orders in general allow investors to specify the maximum price they are willing to pay for a security or the minimum price they are willing to accept for a sale.
SumoHonorable
Sun Dec 22 2024
By setting a price limit, traders maintain control over the execution price of their orders.