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Market order explained.

An instruction to buy or sell at an available market price. It generally prioritizes prompt execution, while the final price can differ from a quote seen before submission.

Risk & orders

Market order

An instruction to buy or sell at an available market price. It generally prioritizes prompt execution, while the final price can differ from a quote seen before submission.

Example: A fictional buy executes against available selling interest after reaching the market.

Watch for: Believing the quote on screen is a guaranteed execution price.

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