take out the stops

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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)

  1. (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.