In financial markets, a market order is an instruction to buy or sell a security immediately at the best available price. It guarantees execution but does not guarantee the exact price, since prices can change quickly in active markets. Other... Read More
In financial markets, a market order is an instruction to buy or sell a security immediately at the best available price. It guarantees execution but does not guarantee the exact price, since prices can change quickly in active markets. Other terms like post order, transacted order, or available order are not standard trading instructions. This makes market order the correct term for orders executed at the best available price.
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