Market Order

ALL or NON (AON) - a directive to execute an order in it's entirety or not at all.
Day Order or Good for Day - if the order can not be executed as directed, it expires at the end of day.
Do Not Reduce (DNR) - this type of order prevents the exchange from reducing the price on the
ex-dividend date.  ( stock prices are generally reduced by the amount of the dividend ).
Good-Till-Canceled (GTC) - the order remains active until it is executed or canceled by the trader.
Limit Order - an order to buy or sell a stock at a specific price ( limit ) or better.
Market order - an order to buy or sell at the current market price when it is traded.
Open order - an unexecuted order that is still pending.  The same thing as a GTC order.
Partial Fill order - an instruction to spread the execution over a period of days.
Stop order - the order becomes a Market Order only when the Stop price is hit.  The order will
be filled only AFTER the Stop price has been hit.
Stop-Limit order - this is triggered to execute in the same manner as a Stop order, but will NOT fill
trade at a price in less value than the Limit order.
 
Copyright © 1998  Ray E. Knecht Consulting Services.
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