Market-on-Close Order

(redirected from MOC Order)

Market-on-Close Order

An order to buy or sell a security at the best price available as close as possible to the closing of an exchange.
References in periodicals archive ?
PLEASE NOTE: A FLOOR BROKER RESERVES THE RIGHT TO REFUSE AN MOC ORDER UP TO FIFTEEN MINUTES BEFORE THE CLOSE DEPENDING UPON MARKET CONDITIONS.
Under the current proposal, participants can elect to route Market-On-Close (MOC) orders to BMC on Bats BZX Exchange, where they are pre-matched with other MOC orders at 3.