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Trading & Technical Analysis

Market Order

Also called: at market, market buy, market sell

A market order executes immediately at whatever price is available, guaranteeing a fill but not a price. In liquid names the difference is a cent; in thin ones it can be catastrophic, since the order walks the book until filled. The 2010 flash crash printed trades at a penny for exactly this reason, which is why limit orders are the safer default outside the deepest markets.

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