What is a Market Order?
A market order is an order to buy or sell a stock at the market’s current best available price. Market orders are often prioritised over other order types, which generally means it is executed immediately during trading hours.
A market order usually ensures execution but does not guarantee a specified price. Therefore, it is often used by investors who want to fill their orders quickly.
An Out-of-Hours Order is a market order that is submitted outside of the trading hours, which will be queued for execution as soon as the market opens.
To place a market order:
- Select the stock you want to buy or sell,
- Enter your order details (you'll be able to preview any fee).
Introduction to stock trading
- What is a stock?
- Where do stocks come from?
- What is stock ownership?
- Why do people buy stocks?
- How could you lose money from buying stocks?
- What are stock markets?
- What is a stock broker?
- What is a stock price?
- What is a bid-offer spread?
- What are stock charts?
- What is commission?
- What are bullish vs bearish markets?
- What is technical analysis?
- What is fundamental analysis?
- What are analyst recommendations?
- What are stock financials?
- What is EPS (earnings per share)?
- What is a P/E ratio (Price-to-Earnings)?
- What is a P/CF ratio (Price-to-Cashflow)?
- What is ROE (Return on Equity)?
- What is Market Sentiment?
- What are Market Sentiment Indicators?
- What is the VIX?
- How does News and Social Media impact stocks?