You should only place a market order when you don't care about minute differences between the current ask and your execution price, but want to
guarantee order execution.
Not exact matches
@Victor123 I'm afraid there is no
guaranteed execution with a market
order, especially if the market for the security is not efficient.
Stopping stock: An
execution guaranteed by a specialist to a floor broker for customer
orders.
Staff may be further available before and after these hours; however Desjardins Securities can not
guarantee any
order taking and / or trade
execution outside of the hours noted above.
While limit
orders do not
guarantee execution, they help ensure that an investor does not pay more than a pre-determined price for a stock.
Remember, both Limit Entry and Limit
orders guarantee price but do not
guarantee execution.
There is no
guarantee that you will receive a specific price on a market
order, but you will be
guaranteed an
execution of a market
order.
Since market
orders are
guaranteed a prompt
execution, it is rarely possible to cancel a market
order.
By placing a limit
order in a fast market, you can reduce your risk of receiving an unexpected
execution price and it will
guarantee that your buy
order is not executed at a price higher than you expected.
Stop
orders guarantee execution, not price.
While both can provide protection for traders, stop - loss
orders guarantee execution, while stop - limit
orders guarantee price.
A market
order guarantees execution, and it often has low commissions due to the minimal work brokers need to do.
How did you get a place in the
order queue to
guarantee execution like this?
While this type of
orders usually will cost you a bit more compared to the market
orders and doesn't
guarantee execution, it is worth to use them to be sure that the transaction will be done at a specified price.
A limit
order guarantees price, but not necessarily
execution.
While the
execution of a limit
order is not
guaranteed, it does ensure that the investor does not miss the opportunity to buy or sell at the target price point if it is dealt in the market.
Market Makers may execute
orders manually or reduce their size
guarantees during periods of volatility, resulting in possible delays in
order execution and losses.
In any case, if they really pass every SINGLE
order, how can they
guarantee a price and
execution?