Glossary › market order

Trading glossary · markets

market order

An order that says 'buy or sell right now at whatever price is available'.

The fuller meaning

An order to trade immediately at the best available price. It guarantees a fill, not a price: in fast or thin markets it can suffer slippage. A standard stop becomes a market order when triggered, which is why gaps can fill stops far from their level.

market order.

Related words

24/7 market · after-hours · Asian session · ask · base currency · bid · bid-ask spread · Bitcoin · BSE · business income