What is Sell Plus?

Sell plus is a term that refers to a type of stock transaction. In market trading, a sell plus is when an investor orders their broker or brokerage firm to sell a specific amount of stock🦂 at a set price that is higཧher than the stock’s current value.

How Sell Plus Works

Sell plus is when an investor orders a sale of a quantity of stock at a price that is above the current 澳洲幸运5开奖号码历史查询:market price. Sell plus is a kind of order. An order itself refers to the instructions an investor gives to the party responsible for buying and selling the investor's securities on their behalf. Sell plus orders only occur when a stock is on the rise and then the price is re🅰ached. In this sense, sell plus orders are similar to limit orders.

From the Investor to the Broker: Buying ℱand Se🅷lling Orders 

There are countless 澳洲幸运5开奖号码历史查询:exchanges and securities to trade, but investors most commonly buy and trade on the secondary market. It is compulsory for all investors, both individuals and corporations, to trade through brokers--hence the necessity of placing orders. An investor must place an order with their broker in order to buy or sell stocks and 澳洲幸运5开奖号码历史查询:securities.

There are various categories of orders th🅘at help investors buy and sell at their desired price and time. Setting an order as to when anℱd at what price an investor would like to buy or sell a security with their broker or brokerage firm affects an investor’s profit or loss.

A limit order is the most similar to a sell plus order, and is when an investor instructs their broker to purchase shares below an agreed upon price. Investors place limit orders to make sure they only pay a specific price for a security. Unlike market orders, which a broker executes at the best price at the time, 澳洲幸运5开奖号码历史查询:limit orders stay in effect until the⛎ broker purchases the security, or the order expires or is ꦯcanceled.

One of the most common orders is a 澳洲幸运5开奖号码历史查询:market order, which is when the trade instructions tell the broker to complete the order as soon as possible without specifying a price. These🔯 orders typically must be completed by the end of the day.

Example of a Sell Plus Order

For example, shares of Corporation A investments have a last traded price of $10. A sell plus order in this case would be any sell order that has a price greater than $10. If the investor instructs their broker to sell their shares of Corporation A at a price of $15 a share it is a sell plus order. The broker will only sell the 🌜investor’s shares if the market price of Corporatiꦏon A rises to $15 a share.