market order (MKT) CME Globex

market order (MKT) CME Globex
An order to execute as much of the order as possible at the best current offer price (for buy orders) or bid price (for sell orders). Any remaining quantity becomes a limit order at that price. Market orders will not be accepted before the opening of continuous trading on CME Globex. Chicago Mercantile Exchange Glossary

Financial and business terms. 2012.

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