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Saturday, December 1, 2018

Mercatox Exchange Order Type: Market


Order Type: Market
A Market order is a buy or sell order to be executed immediately at current market prices. As long as there are willing sellers and buyers, market orders are filled. Market orders are therefore used when certainty of execution is a priority over price of execution. Pros: A market order is the simplest of the order types and being filled immediately. Cons: trader is accepting any best available price on the market.

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