Series 24: Market Orders

Taken from our Series 24 Online Guide

Market Orders

Market orders are the most common and easiest orders to place. When an investor places a market order, he or she is requesting that the stock be bought at the best available price. Thus, no specific price is specified, but it is assumed that a seller will get the highest bid, and a buyer will get the lowest offer at the time that the order is executed. The order ticket for a market order will include the abbreviation MK

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