What is the meaning of Market Order?

Market Order is an order which instructs a broker to execute an order as quickly as possible at the best price available. During market hours, this means orders for widely traded securities will usually execute at or close to the current quotation. Buy orders will execute at or close to the "ask" price and sell orders will execute at or close to the "bid" price.

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APABarry Goldsmith. (2010). market order. Retrieved September 28, 2026, from http://smartdefine.org/market_order/definitions/1157840
ChicagoBarry Goldsmith. 2010. "market order" http://smartdefine.org/market_order/definitions/1157840 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, market order, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/market_order/definitions/1157840>.
MLABarry Goldsmith. "market order" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/market_order/definitions/1157840>
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