What's a Market Order?

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Written by Bode
Updated 3 years ago

Market orders carry the highest priority in execution on the exchange.

Provided there is sufficient liquidity to fill the order, you can expect very fast execution, but without any guarantee of price.

The bid or ask price you see when placing the trade is an indicative price only, and due to the fast-moving nature of the market, the actual executed price may differ.

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