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Glossary

Breach

Definition

When the price of an instrument trades through a specified level. For example, if the execution price for a limit order to buy is set at 100 and the price jumps from 105 to 95, the 100 price level has been breached. The order will become a market order and be filled as soon as possible.

Related Items

Stock CFDs Forward-forward contract Futures / futures contract Options or options contract
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