
Market order
A market order is a type of request to buy or sell a financial asset, such as stocks, at the best available price in the market. When you place a market order, you're essentially asking your broker to execute the trade immediately, regardless of the price. This means you will get the asset quickly, but the exact price may vary based on current market conditions. Market orders are straightforward and commonly used by investors looking to make quick transactions without waiting for specific price targets.