Series 24: Market Orders

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