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Common use of Market Order Clause in Contracts

Market Order. Market order is an order to buy or sell a security at the current price. Execution of this order results in opening of a trade position. Securities are bought at ASK price and sold at BID price. Stop Loss and Take Profit orders (described below) can be attached to a market order. As the order is executed at market price, execution price may be different from the price indicated when entering the order due to a change in market price at the time of execution or due to insufficient liquidity.

Appears in 7 contracts

Samples: Retail Client Agreement, Retail Client Agreement, Retail Client Agreement