take out the stops
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English
[edit]Verb
[edit]take out the stops (third-person singular simple present takes out the stops, present participle taking out the stops, simple past took out the stops, past participle taken out the stops)
- (finance) To carry out the supposed practice whereby locals (floor traders trading for their own account) buy or sell to push prices towards where they suspect stop loss orders lie, with a view to profiting from the resulting acceleration of the move when those orders hit the market.