Sign up  |  Log in

Limit Order Book

There is a limit order book, but is there a stop order book? I can’t find any info about this so I’m pretty sure there isn’t, but the next logical question is why not?

"Using Wiley for my CFA journey was by far the best option… I was able to pass on my first attempt.”– Moe E., Canada

I cannot find evidence of such a beast.

No idea why not.

Simplify the complicated side; don't complify the simplicated side.

Financial Exam Help 123: The place to get help for the CFA® exams

I guess the brokers see this info but don’t share it. Could be wrong.

It’s because stop orders aren’t sent to the matching engine.  Only after they’re converted to a limit or market order, would they get reflected in the orderbook.

Ah, that makes sense! Thanks!