135 votes
Accepted

When selling stocks at a stop-loss price during a crash, who do I actually sell them to?

In addition to what others already wrote: Be sure to understand what a STOP-LOSS order really does: it does not stop your loss for sure, but tries to do so. What happens when the stock trades the ...
Aganju's user avatar
  • 37.7k
103 votes

Bought stock at higher price than current price

I don't understand is it possible to buy stock at higher price than current price? This is a very common misunderstanding. Stocks do not have a "current price" that you can buy them for. Any "stock ...
Michael Borgwardt's user avatar
53 votes
Accepted

Can stocks trade at negative prices?

With an unlimited liability company, yes, in theory, its stock can trade at negative value that will still be capped by personal bankruptcy...in other words, if you own a portion of an unlimited ...
WittyID's user avatar
  • 2,013
46 votes

Why do some countries have more than one stock exchange?

Consider times before the fast and efficient electronic communications. How would a trader from Chicago have an efficient access to an exchange in New York? So historically many major cities had an ...
littleadv's user avatar
  • 171k
44 votes

Does the stock price drop if one of the largest shareholders of the company sells all their shares?

I'm not sure I would classify Musk's recent TSLA share transactions as "selling like a madman". For one thing his holdings are extensive and he's sold, so far at least, only a small ...
jwh20's user avatar
  • 3,468
43 votes
Accepted

Stock money origin and existence

The price of a stock is not 'real' in the sense that it represents a guaranteed value. The price of a stock is simply the last agreed price where someone wanted to buy, and someone wanted to sell. If ...
Grade 'Eh' Bacon's user avatar
40 votes

Bought stock at higher price than current price

I set 980 instead of 880 and it is fully executed. Suppose I'm on the other side of your transaction. I might own a stock worth around that $900 price, but have a $980 target. In other words, I'm ...
JTP - Apologise to Monica's user avatar
38 votes
Accepted

What does a stock's quoted value represent?

The quote price is simply the last price at which a trade completed.
Rocky's user avatar
  • 24k
37 votes

Why do stock exchanges have minimum share price requirements?

One possible reason is to allow reasonable granularity of price movements. With a price of 20 cents, a one cent change in price would be a 5% change, so requiring higher prices would allow for more ...
D Stanley's user avatar
  • 133k
33 votes

Who are the buyers and sellers that determine the bid and ask price?

I figure that the buyers and sellers cannot be regular people with stocks as they always buys at the bid price and sell at the ask price, so I'm a little confused as to who these buyers and sellers ...
Brady Gilg's user avatar
  • 1,078
28 votes
Accepted

Why has IBM been trading at a fixed price of $118.95 in London for the last few years?

IBM is listed on the London Stock Exchange (LSE) but not actually traded on the LSE via a lit central order book. $118.95 is the official closing price of IBM on LSE everyday, but there aren't any ...
Thomas Boyd's user avatar
27 votes

Bought stock at higher price than current price

The limit order will match to best offer on books. Let's say the best sell price was 900, it will match to that. You will pay 900. Read How do exchanges match limit orders?
Dheer's user avatar
  • 57k
27 votes
Accepted

Can the stock exchange expropriate my shares?

Welcome new user. Yes, the shares are safely yours forever. However... It may be you're thinking about "takeovers" or obscure situations such as public companies going private. If for ...
Fattie's user avatar
  • 13.8k
25 votes

When selling stocks at a stop-loss price during a crash, who do I actually sell them to?

So who, and why, actually purchases stocks in the few minutes of an ongoing crash? Other investors who are willing to buy at your price (for reasons unknown). You seem convinced that if you are ...
D Stanley's user avatar
  • 133k
24 votes

Can I sell a stock immediately?

You have no guarantees. The stock may last have traded at $100 (so, the market price is $100), but is currently in free-fall and nobody else will be willing to buy it for any more than $80. Or heck, ...
ChrisInEdmonton's user avatar
23 votes

How do you take profit from stock trading while keeping capital invested?

You don't have to sell just because the price has gone up 25%. You sell... if you need the money... because you think that the company share price will not be growing any more or even it will be ...
mhoran_psprep's user avatar
23 votes

What's happening in this scene from Wall Street?

Wall Street was filmed in the late 80's and although Electronic Communication Networks (ECN) existed at that time, their usage was not widespread as they were more the exception than the rule. At ...
Bob Baerker's user avatar
  • 76.1k
21 votes
Accepted

Why is this stock price inflated by 70x its real price?

For example, on Jan 29th 2016 the price was reported as £178.21 when viewing over a 3M range, and £12,425.10 when viewing over a 5D range. The confusion is primarily arising because UK equities and ...
DumbCoder's user avatar
  • 10.6k
21 votes

Does an IPO mean a company is going public or is already public?

I know IPO means that particular company, regardless of the country, is offering some quantity of their stocks to the public via stock exchange. An IPO is an initial Public offering. They are taking ...
mhoran_psprep's user avatar
20 votes
Accepted

Are stock exchanges publicly traded companies themselves?

The NYSE used to be public but it merged with Intercontinental Exchange (ICE). The NASDAQ trades under NDAQ. For others, google: "Publicly Traded Exchanges"
Bob Baerker's user avatar
  • 76.1k
20 votes

Can the stock exchange expropriate my shares?

You did not pay the stock exchange for anything. You sent money to a stock broker, which in turn purchased shares of stock for you from another investor that sold them to you. Yes, the shares are ...
Ben Miller's user avatar
  • 115k
20 votes

Why do some countries have more than one stock exchange?

There are a variety of reasons why multiple stock exchanges came into existence: I would say that the primary reason for the existence of multiple stock exchanges is that they are businesses started ...
Bob Baerker's user avatar
  • 76.1k
19 votes

Is the stereotype of a businessman shouting "SELL!" and "BUY!" into a telephone in any way attached to reality?

For about 100 years or so, stock quotes (symbol, price, volume) were transmitted by telegraph. Many traders of that era were tape readers, often sitting in the office of their broker before phones ...
Bob Baerker's user avatar
  • 76.1k
18 votes

How to map stock ticker symbols to ISIN (International Securities Identification Number)?

It is possible to make a REST API call to OpenFIGI providing the ISIN to get the ticker in the response. Python code for getting ticker for ISIN=US4592001014: import requests url = 'https://api....
John Wood's user avatar
  • 181
18 votes

Why do stock exchanges close at night?

Here are some plausible reasons why markets might continue to close: Fluidity keeps the market in check. In late night hours there would be less volume, and the markets might be more susceptible to ...
TTT's user avatar
  • 47.2k
18 votes

Can stocks trade at negative prices?

If a company has no assets and significant liabilities, it is bankrupt. With only a slight simplification, the company will be closed down. Any assets will be sold off (though in this hypothetical ...
ChrisInEdmonton's user avatar
18 votes

Given one ISIN, how can I get the list of all the stock exchanges on which it is traded, along with its ticker symbols if any?

This is trickier than it might seem. There are a few issues: access, data completeness, and cross-listings vs depository receipts. Access The first difficulty is access to this information. You can ...
kurtosis's user avatar
  • 950
15 votes

Does an IPO mean a company is going public or is already public?

It's all in the name: Initial Public Offering (IPO). Before that, it's a private company. If an already public company issues more stock, it's called a secondary offering.
0xFEE1DEAD's user avatar
  • 8,488
15 votes

When selling stocks at a stop-loss price during a crash, who do I actually sell them to?

If you are skilled enough to know that there is no upturn in sight for the next few minutes then you should be shorting the stock during the drop and racking up nice gains. Collapsing share price (in ...
Bob Baerker's user avatar
  • 76.1k
14 votes
Accepted

Is it possible to physically own a share certificate in a company?

Yes, this is possible with some companies. When you buy shares of stock through a stock broker, the shares are kept in "street name." That means that the shares are registered to the broker, not to ...
Ben Miller's user avatar
  • 115k

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