Limit order

A limit order is an order to buy or sell a security at a specific price level or better

A buy limit order is an order to buy a security at the specific price or lower only and a sell limit order is an order to sell a security at the specific price or higher only.

Certain unfilled LOs may be withdrawn or changed. Where the original LOs remain valid during withdrawals or changes, such withdrawals or changes may be impossible if the original LOs are fully filled or in the process of modification.