Market order

Also found in: Dictionary, Thesaurus, Encyclopedia, Wikipedia.

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.
market orders earthworks, hydraulic systems and equipment rental for road worksSouthwest territorial groupingThe purchase-order is for a set of benefits inherent in earthworks, stormwater, with small masonry and equipment rental for county road work South West Group.
The federal Agricultural Marketing Agreement Act of 1937, an offspring of New Deal legislation, gives the secretary of agriculture considerable authority to regulate the nation's fruits and vegetables market through so-called market orders.
Displayed market orders first receive exposure to the non-displayed MidPoint Match order book and may be automatically executed with price improvement.
Total quantity or scope: accordance with Article 169 of the Procurement Code, the consultation will result in a market orders whose benefits are likely to vary as follows
National Market orders which are subject to 3 day (T+3) settlement, ATS Order Book trades are settled immediately (T+3) so proceeds are immediately available to reinvest or withdraw.