{"id":31224,"date":"2023-12-07T10:26:39","date_gmt":"2023-12-07T10:26:39","guid":{"rendered":"https:\/\/masterskills.org\/blog\/lenh-gioi-han-limit-order-lo-la-gi-hieu-luc-va-tinh-phap-li-cua-lenh.html"},"modified":"2023-12-23T07:28:25","modified_gmt":"2023-12-23T00:28:25","slug":"lenh-gioi-han-limit-order-lo-la-gi-hieu-luc-va-tinh-phap-li-cua-lenh","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/lenh-gioi-han-limit-order-lo-la-gi-hieu-luc-va-tinh-phap-li-cua-lenh.html","title":{"rendered":"L\u1ec7nh gi\u1edbi h\u1ea1n (Limit order – LO) l\u00e0 g\u00ec? Hi\u1ec7u l\u1ef1c v\u00e0 t\u00ednh ph\u00e1p l\u00ed c\u1ee7a l\u1ec7nh"},"content":{"rendered":"
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H\u00ecnh minh h\u1ecda (Ngu\u1ed3n: Storyblocks)<\/p>\n<\/div>\n<\/div>\n

L\u1ec7nh gi\u1edbi h\u1ea1n (Limit order – LO)<\/font><\/h2>\n

L\u1ec7nh gi\u1edbi h\u1ea1n<\/b> – danh t\u1eeb, trong ti\u1ebfng Anh \u0111\u01b0\u1ee3c d\u00f9ng b\u1edfi c\u1ee5m t\u1eeb Limit order, vi\u1ebft t\u1eaft l\u00e0 LO<\/b>.<\/p>\n

L\u1ec7nh gi\u1edbi h\u1ea1n<\/i> l\u00e0 l\u1ec7nh mua ho\u1eb7c l\u1ec7nh b\u00e1n ch\u1ee9ng kho\u00e1n t\u1ea1i m\u1ee9c gi\u00e1 ch\u1ec9 \u0111\u1ecbnh ho\u1eb7c t\u1ed1t h\u01a1n.<\/p>\n

\u0110\u1ed1i v\u1edbi l\u1ec7nh gi\u1edbi h\u1ea1n <\/i>mua ch\u1ee9ng kho\u00e1n m\u1ee9c gi\u00e1 ch\u1ec9 \u0111\u1ecbnh l\u00e0 m\u1ee9c gi\u00e1 cao nh\u1ea5t hay m\u1ee9c gi\u00e1 tr\u1ea7n m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 ch\u1ea5p nh\u1eadn th\u1ef1c hi\u1ec7n mua. \u0110\u1ed1i v\u1edbi l\u1ec7nh gi\u1edbi h\u1ea1n<\/i> b\u00e1n m\u1ee9c gi\u00e1 ch\u1ec9 \u0111\u1ecbnh l\u00e0 m\u1ee9c gi\u00e1 th\u1ea5p nh\u1ea5t hay m\u1ee9c gi\u00e1 s\u00e0n m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 ch\u1ea5p nh\u1eadn b\u00e1n.<\/p>\n

\u01afu \u0111i\u1ec3m v\u00e0 h\u1ea1n ch\u1ebf\u00a0<\/b><\/p>\n

\u0110\u1ed1i v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng l\u1ec7nh gi\u1edbi h\u1ea1n<\/i> c\u00f3 \u01b0u \u0111i\u1ec3m gi\u00fap cho nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 tr\u00e1nh \u0111\u01b0\u1ee3c s\u1ef1 b\u1ea5t l\u1ee3i v\u1ec1 gi\u00e1 trong giao d\u1ecbch.<\/p>\n

Tuy nhi\u00ean, h\u1ea1n ch\u1ebf c\u1ee7a vi\u1ec7c s\u1eed d\u1ee5ng l\u1ec7nh gi\u1edbi h\u1ea1n<\/i> l\u00e0 kh\u00f4ng c\u00f3 s\u1ef1 \u0111\u1ea3m b\u1ea3o l\u00e0 l\u1ec7nh s\u1ebd \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 b\u1ecb l\u1ee1 c\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0, ngay c\u1ea3 trong m\u1ed9t s\u1ed1 tr\u01b0\u1eddng h\u1ee3p l\u1ec7nh gi\u1edbi h\u1ea1n<\/i> c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u01b0a ra b\u1eb1ng v\u1edbi gi\u00e1 th\u1ef1c hi\u1ec7n c\u1ee7a phi\u00ean giao d\u1ecbch nh\u01b0ng l\u1ec7nh c\u00f3 th\u1ec3 v\u1eabn kh\u00f4ng \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n v\u00ec kh\u00f4ng \u0111\u00e1p \u1ee9ng \u0111\u01b0\u1ee3c c\u00e1c nguy\u00ean t\u1eafc \u01b0u ti\u00ean kh\u1edbp l\u1ec7nh trong t\u00ecnh th\u1ebf c\u1ee7a phi\u00ean giao d\u1ecbch \u0111\u00f3.\u00a0(Theo\u00a0Gi\u00e1o tr\u00ecnh Th\u1ecb tr\u01b0\u1eddng Ch\u1ee9ng kho\u00e1n, NXB T\u00e0i ch\u00ednh<\/i>)<\/p>\n

Hi\u1ec7u l\u1ef1c c\u1ee7a l\u1ec7nh\u00a0<\/font><\/h3>\n

\u0110i li\u1ec1n v\u1edbi l\u1ec7nh giao d\u1ecbch ch\u00ednh, kh\u00e1ch h\u00e0ng c\u00f2n b\u1ed5 sung th\u00eam ch\u1ec9 th\u1ecb c\u1ee7a m\u00ecnh. V\u1ec1 th\u1eddi h\u1ea1n hi\u1ec7u l\u1ef1c c\u1ee7a l\u1ec7nh. \u0110\u1ec3 th\u1ec3 hi\u1ec7n hi\u1ec7u l\u1ef1c c\u1ee7a l\u1ec7nh giao d\u1ecbch ng\u01b0\u1eddi ta th\u01b0\u1eddng s\u1eed d\u1ee5ng m\u1ed9t s\u1ed1 l\u1ec7nh sau.<\/p>\n

L\u1ec7nh c\u00f3 gi\u00e1 tr\u1ecb trong ng\u00e0y (day order)<\/b><\/p>\n

Nh\u1eefng l\u1ec7nh \u0111\u01b0\u1ee3c coi l\u00e0 c\u00f3 gi\u00e1 tr\u1ecb trong ng\u00e0y n\u1ebfu trong l\u1ec7nh giao d\u1ecbch kh\u00f4ng x\u00e1c \u0111\u1ecbnh r\u00f5 l\u00e0 c\u00f3 gi\u00e1 tr\u1ecb trong bao l\u00e2u v\u00e0 nh\u1eefng l\u1ec7nh ghi r\u00f5 c\u00f3 gi\u00e1 tr\u1ecb trong ng\u00e0y.<\/p>\n

L\u1ec7nh c\u00f3 gi\u00e1 tr\u1ecb cho \u0111\u1ebfn khi h\u1ee7y b\u1ecf hay l\u1ec7nh m\u1edf (open order)<\/b><\/p>\n

L\u00e0 l\u1ec7nh c\u00f3 hi\u1ec7u l\u1ef1c cho \u0111\u1ebfn khi n\u00f3 th\u1ef1c hi\u1ec7n hay b\u1ecb kh\u00e1ch h\u00e0ng h\u1ee7y b\u1ecf.<\/p>\n

L\u1ec7nh t\u1ea5t c\u1ea3 ho\u1eb7c l\u00e0 kh\u00f4ng (all or none – AON)<\/b><\/p>\n

L\u00e0 l\u1ec7nh y\u00eau c\u1ea7u to\u00e0n b\u1ed9 l\u1ec7nh ph\u1ea3i \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n trong c\u00f9ng m\u1ed9t giao d\u1ecbch, kh\u00f4ng cho ph\u00e9p th\u1ef1c hi\u1ec7n t\u1eebng ph\u1ea7n. Tuy nhi\u00ean, l\u1ec7nh kh\u00f4ng b\u1eaft bu\u1ed9c l\u00e0 ph\u1ea3i th\u1ef1c hi\u1ec7n ngay m\u00e0 c\u00f3 th\u1ec3 th\u1ef1c hi\u1ec7n b\u1ea5t c\u1ee9 l\u00fac n\u00e0o trong su\u1ed1t qu\u00e1 tr\u00ecnh giao d\u1ecbch c\u1ee7a ng\u00e0y.<\/p>\n

L\u1ec7nh th\u1ef1c hi\u1ec7n ngay hay h\u1ee7y b\u1ecf (immediate or cancel – IOC)<\/b><\/p>\n

L\u00e0 l\u1ec7nh y\u00eau c\u1ea7u ph\u1ea3i th\u1ef1c hi\u1ec7n ngay nh\u01b0ng kh\u00f4ng b\u1eaft bu\u1ed9c ph\u1ea3i th\u1ef1c hi\u1ec7n to\u00e0n b\u1ed9, c\u00f3 th\u1ec3 l\u00e0 th\u1ef1c hi\u1ec7n m\u1ed9t ph\u1ea7n. Ph\u1ea7n c\u00f2n l\u1ea1i ch\u01b0a th\u1ef1c hi\u1ec7n b\u1ecb h\u1ee7y b\u1ecf.<\/p>\n

L\u1ec7nh th\u1ef1c hi\u1ec7n to\u00e0n b\u1ed9 hay h\u1ee7y b\u1ecf (full or kill – FOK)<\/b><\/p>\n

L\u00e0 l\u1ec7nh y\u00eau c\u1ea7u th\u1ef1c hi\u1ec7n ngay to\u00e0n b\u1ed9 ho\u1eb7c h\u1ee7y b\u1ecf.<\/p>\n

T\u00ednh ph\u00e1p l\u00ed c\u1ee7a l\u1ec7nh\u00a0<\/b><\/font><\/span><\/p>\n

L\u1ec7nh gi\u1edbi h\u1ea1n<\/i> l\u00e0 ch\u1ec9 th\u1ecb c\u1ee7a kh\u00e1ch h\u00e0ng cho ng\u01b0\u1eddi m\u00f4i gi\u1edbi – ng\u01b0\u1eddi \u0111\u1ea1i di\u1ec7n cho kh\u00e1ch h\u00e0ng th\u1ef1c hi\u1ec7n.<\/p>\n

M\u1ed9t trong y\u1ebfu t\u1ed1 \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o cho l\u1ec7nh \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n l\u00e0 t\u00ednh ph\u00e1p l\u00ed c\u1ee7a l\u1ec7nh. C\u1ea7n ph\u1ea3i ph\u00e2n \u0111\u1ecbnh r\u00f5 tr\u00e1ch nhi\u1ec7m v\u00e0 quy\u1ec1n h\u1ea1n c\u1ee7a kh\u00e1ch h\u00e0ng v\u00e0 ng\u01b0\u1eddi m\u00f4i gi\u1edbi trong qu\u00e1 tr\u00ecnh th\u1ef1c hi\u1ec7n l\u1ec7nh giao d\u1ecbch.<\/p>\n

\u0110\u1ed1i v\u1edbi kh\u00e1ch h\u00e0ng\u00a0<\/b><\/p>\n

Kh\u00e1ch h\u00e0ng c\u1ea7n ph\u1ea3i x\u00e1c \u0111\u1ecbnh \u0111\u1ea7y \u0111\u1ee7 c\u00e1c n\u1ed9i dung y\u00eau c\u1ea7u qui \u0111\u1ecbnh trong l\u1ec7nh v\u00e0 tu\u00e2n th\u1ee7 nghi\u00eam ng\u1eb7t c\u00e1c qui \u0111\u1ecbnh c\u1ee7a S\u1edf giao d\u1ecbch ch\u1ee9ng kho\u00e1n li\u00ean quan \u0111\u1ebfn l\u1ec7nh giao d\u1ecbch, n\u1ebfu vi ph\u1ea1m l\u1ec7nh th\u00ec s\u1ebd b\u1ecb h\u1ee7y b\u1ecf v\u00ec kh\u00f4ng h\u1ee3p th\u1ee9c.<\/p>\n

\u0110\u1ed1i v\u1edbi ng\u01b0\u1eddi m\u00f4i gi\u1edbi\u00a0<\/b><\/p>\n

Ph\u1ea3i c\u00f3 tr\u00e1ch nhi\u1ec7m nh\u1eadp v\u00e0 chuy\u1ec3n l\u1ec7nh giao d\u1ecbch v\u00e0o h\u1ec7 th\u1ed1ng giao d\u1ecbch m\u1ed9t c\u00e1ch nhanh ch\u00f3ng v\u00e0 ch\u00ednh x\u00e1c. Nh\u1eefng sai s\u00f3t trong qu\u00e1 tr\u00ecnh nh\u1eadp, chuy\u1ec3n l\u1ec7nh th\u00ec ng\u01b0\u1eddi m\u00f4i gi\u1edbi ph\u1ea3i ch\u1ecbu tr\u00e1ch nhi\u1ec7m. (Theo Gi\u00e1o tr\u00ecnh Th\u1ecb tr\u01b0\u1eddng Ch\u1ee9ng kho\u00e1n, NXB T\u00e0i ch\u00ednh<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n L\u1ec7nh gi\u1edbi h\u1ea1n (ti\u1ebfng Anh: Limit order, vi\u1ebft t\u1eaft: LO) l\u00e0 l\u1ec7nh giao d\u1ecbch trong ho\u1ea1t \u0111\u1ed9ng giao d\u1ecbch ch\u1ee9ng kho\u00e1n, trong \u0111\u00f3 n\u1ed9i dung th\u1ef1c hi\u1ec7n vi\u1ec7c mua ho\u1eb7c b\u00e1n ch\u1ee9ng kho\u00e1n t\u1ea1i m\u1ee9c gi\u00e1 ch\u1ec9 \u0111\u1ecbnh ho\u1eb7c t\u1ed1t h\u01a1n.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31224"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=31224"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31224\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}