Market and limit orders
A market order prioritises execution; a limit order sets a maximum buying price or minimum selling price.
Definition
A market order prioritises execution; a limit order sets a maximum buying price or minimum selling price.
Why this concept matters
Understanding the difference helps control the execution price.
What to watch
A limit order may not execute, while a market order may receive an unfavourable price.
Simple example
A €50 buy limit normally prevents execution above €50.
Example currency : France (EUR). The reference country controls the example currency.
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