Meaning
A market order is a fundamental instruction used in stock trading. It’s the simplest and fastest way to buy or sell securities.Definition
A market order is an order to immediately buy or sell a security at the best available current price. It guarantees execution but not a specific price.How It Works
When you place a market order, your broker executes it against the best available price on the exchange. For buying, it’s the lowest available ask price; for selling, it’s the highest available bid price.Key Characteristics
It prioritizes speed and certainty of execution over the exact price. Ideal for highly liquid stocks where immediate action is paramount.Author
