market order (MKT) GLOBEX

market order (MKT) 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 GLOBEX. Chicago Mercantile Exchange Glossary

Financial and business terms. 2012.

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  • 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… …   Financial and business terms

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