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Market if touched
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In financial markets, market if touched or MIT is a type of order that will be executed when the price is touched (when a predetermined value has been reached and the futures contract will trade or bid at the price).[1][2]
 | This article needs to be updated. (April 2024) |
This type of order triggers a market order only when the security reaches a specified sell price.[3] Stock buyers can place an MIT order to buy or to sell.
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