Business, Legal & Accounting Glossary
A securities buy or sell order that is to be made at the best market price available. If the entire order cannot be placed at the best market price, the remaining amount is to be made under a limit order (which uses a determined price as the highest price to execute the order). If the limit order cannot be placed then the limit order is cancelled.
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This glossary post was last updated: 20th November, 2021 | 0 Views.