Welcome to the RJO Futures trading terms glossary. Within this glossary, you will find an expansive list of trading terms covering commodity, option, and futures trading terminology. Bookmark this section as a quick reference for definitions of trading terms as you browse the Internet and our site for more information on futures and options trading within the financial and commodities markets.

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Stop with Limit

AKA: STWL A variation of a stop order. A stop with limit order to buy becomes a limit order when the futures contract trades (or is bid) at or above the stop price. A stop with limit order to sell becomes a limit order when the futures contract trades (or is offered) at or below the stop price.