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?

The best just got better. Schweser's upgraded content and redesigned study platform are exactly what you need to pass the Level I exam. Save 10% when you preorder a Premium Package for a limited time.

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
http://financialexamhelp123.com/

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!