Business, Legal & Accounting Glossary
A buy or sell order in which the broker is to execute the order at the best price currently available. also called at the market. These are often the lowest-commission trades because they involve very little work by the broker.
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.
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.
stop order
buy stop order
market not held order
market if touched order
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This glossary post was last updated: 6th November, 2021 | 0 Views.