- market order
- An order to buy or sell a futures contract of a given delivery month to be filled at the best possible price and as soon as possible. Chicago Board of Trade glossary————An order to buy or sell futures or futures options contracts as soon as possible at the best available price. Time is of primary importance. The CENTER ONLINE Futures Glossary————Used in the context of general equities. order to buy or sell a stated amount of a security at the most advantageous price obtainable after the order is represented in the trading crowd. You cannot specify special restrictions such as all or none order ( AON) or good 'til canceled order ( GTC) on market orders. Bloomberg Financial DictionarySee: limit order. Bloomberg Financial Dictionary————An order which is to be immediately executed at the best available price. Dresdner Kleinwort Wasserstein financial glossary————An order to buy or sell a financial instrument immediately at the best possible price. Exchange Handbook Glossary————An order for immediate execution given to a broker to buy or sell at the best obtainable price. LIFFE————An unpriced order submitted to an order book to deal in a specified number of shares. Unexecuted portions of a market order are added to the order book. London Stock Exchange Glossary————An order to buy or sell as quickly as possible at the best price available (the prevailing price) when the order reaches the market place. NYSE Euronext Glossary
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An order that should be executed immediately whatever the current price.* * *
market order UK US noun [C] STOCK MARKET► an instruction to a broker (= a company that buys or sells shares for investors) to buy or sell particular shares at the best possible price: »Although placing a market order guarantees your order will go through, the price you pay may not ultimately be the price quoted.
Financial and business terms. 2012.
