Market Order
| Market Order | An order to buy or sell securities at the price given at the time the order reaches the market. | |
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Additional comments:
This can be different from the price on the broker's screen, depending on how fast the market is moving.
A market order is to be executed immediately at the best available price, and is the only order that guarantees execution. |
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Related Terms | ||
Stop Order A stop order is an order to buy or sell a stock once the price of ... Good Till Cancelled A GTC order authorizes the broker to buy or sell a position at a particular price ... Stop Limit This is an order that says once the stock's market price touches or goes below the ... | ||
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