Stock market glossary
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Market order
A market order buys or sells immediately, at the first available price.
It's the simplest type of order: the priority is execution, not price. On heavily traded stocks the price obtained is close to the last one seen; on illiquid ones or at times of strong turmoil it can be worse than expected.
💡 On Fanta-Trade, purchases and sales at market price are executed at the last available price.
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