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Centrino Capital

Market Order Definition

A market order is an instruction to buy or sell an asset immediately at the best available current price.

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What is a Market Order?

Market orders prioritize speed of execution over price certainty, meaning the fill price may differ slightly from the last quoted price.

They are commonly used when immediate entry or exit is more important than a specific price level.

Example of Market Order

Clicking buy on a trading platform to enter a position immediately at the current price is placing a market order.

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