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Market If Touched
also called "MIT"

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  1. a stock purchasing term

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 19, 2009
  2. An "MIT order" will be executed when the price is touched (when a predetermined value has been reached and the futures contract will trade or bid at the price.) Stock buyers can place an MIT order to buy or to sell

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 19, 2009
  3. An MIT order-to-buy becomes a market order if and when the commodity trades, or is offered, at a specified price or lower

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 19, 2009
  4. an MIT order to sell becomes a market order if and when the commodity trades or is bid at a specified price or higher

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 19, 2009
  5. An MIT order differs from a limit order in that the order becomes a market order once the MIT price is reached

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 19, 2009
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