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Glossary Term: MARKET ORDER

Definition(s) for MARKET ORDER:

1. ) An order which instructs a broker to execute an order as quickly as possible at the best price available. During market hours, this means orders for widely traded securities will COMMONLY execute at or close to the current quotation. Buy orders will execut

2. ) An order to buy or sell at the best price currently available on the Trading Floor.

3. ) An order to buy or sell securities at the current market. The order will be filled as long as there is a market for the security.

4. ) A trading order placed with a broker to immediately buy or sell a stock or option at the best available price.

5. ) An unpriced order submitted to an order book to deal in a specified number of shares. Unexecuted portions of a market order are added to the order book.

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