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Market Order

Market Order		An order to buy or sell securities at the price given at the time the order reaches the market.
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.

Related Terms
		Stop Order A stop order is an order to buy or sell a stock once the price of the stock reaches a specified ... Good Till Cancelled A GTC order authorizes the broker to buy or sell a position at a particular price at any time prior to ... Stop Limit This is an order that says once the stock's market price touches or goes below the stop limit order price, the ...

 

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