Market order


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Market order

Used in the context of general equities. Order to buy or sell a stated amount of a security at the most advantageous price obtainable after the order is represented in the trading crowd. You cannot specify special restrictions such as all or none (AON) or good 'til canceled order (GTC) on market orders. See: Limit order.

Market Order

An order to buy or sell a security at the best price available when the order is made. Brokers who execute these orders must make a good faith effort to find the best possible price. It is also called an at-the-market order.

market order

A customer order for immediate execution at the best price available when the order reaches the marketplace. This, the most common type of order, has the advantage of nearly always being filled because no price is specified. Compare limit order. See also elect, stop order.

Market order.

When you tell your broker to buy or sell a security at the market, or current market price, you are giving a market order. The broker initiates the trade immediately.

The amount you pay or receive is determined by the number of shares and the current bid or ask price. Market orders, which account for the majority of trades, differ from limit orders to buy or sell, in which a price is specified.

References in periodicals archive ?
It may even require a policy of limit orders only so that investors are not whipsawed by price discontinuities or bedeviled by the question of what exactly constitutes a market order and how long those are good for.
I'm not sure whether this weakening of anti-capitalist rhetoric is ironic, but it is worth thinking about as the century in which the market order overcame its most powerful challenges draws to a close.
Market orders can complete a fill in one execution, though a trader runs the risk of market exposure and an inferior execution price by demanding liquidity in one place and instant in time.
Andrew Brenner, head of the ISE Stock Exchange, noted, "Displayed market orders will automatically receive triple order exposure to maximize execution quality and prevent trade-throughs.
Market orders with no minimum or maximum orderthe deadline for completion is fixed in each order.
com is the online trading site of Scottrade and offers customers the convenience of placing market orders online for just $7 per trade.
Contract notice: 2014 dases 6g - market orders for the supply and delivery of consumables, products and small equipment to dental centers dental health of the department of paris.
Contract notice: 2014 drh 1031 - market orders for training in computer maintenance assistants proximity and computer technicians of the paris community.
Contract notice: Market orders to ensure the maintenance of public facilities satellites broadcasting tv services (following bidding unsuccessful)
Earlier this year, Andrew Garrett launched BrokerageAmerica, the first online brokerage firm to combine commission-free market orders with a per share rebate on all equity trades.
Total quantity or scope: This consultation will be passed under Article 77 of the Public Procurement Code on market orders.
The new pricing matches the brokerage's already low online base commission rates for equities and options including $5 for equity market orders and $5 for options market orders (plus $1.