Market Order

A Market Order is an order that an investor makes through a broker or brokerage service to buy or sell an investment immediately at the best available current price.

Market Order

A Market Order is an order that an investor makes through a broker or brokerage service to buy or sell an investment immediately at the best available current price.

 


Application of Market Order

A market order is the default option and is likely to be executed because it does not contain restrictions on the buy/sell price or the time frame in which the order can be executed.

There are many types of order, and they vary between brokers.  They include limit orders, stop orders, stop-limit orders, Market On Open (MOO), and Market On Close (MOC), among others.



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