If not, your order will be waiting for someone to
trade at your desired price.
Not exact matches
In addition, I would point out that equities are purchased and
traded by private individuals, who inherently have time value of money and liquidity preferences that are also
priced into equities, given their specific limitations and characteristics (e.g., in the event of a stock market crash, liquidity may disappear
at the exact moment it is most
desired, and therefore the risk of that lack of liquidity is
priced into the equity).
Before the advent / history of futures
trading, any producer of a given commodity (e.g. a farmer growing wheat, soy or corn) often would be
at the mercy of a commodity dealer when it came to selling his product
at his / her
desired price level.
An order placed during extended
trading hours will not necessarily be completed
at the
desired time and may be executed
at a
price lower than the one indicated on another
trading system during extended
trading hours or during regular hours of operation of marketplaces.
The broker also warns that that availability of BID and ASK
prices on all GBP pairs may differ during the
trade on June 23, and June 24 following the results of the referendum, and that Stop Loss, Take Profit and Pending orders may be executed
at different
prices than
desired due to potential abnormal
trading conditions (including periods of limited liquidity).
While improbable, there's always the chance that certain issues may affect your final max risk like slippage, lack of liquidity to execute a stop order
at the
desired price, a broker's
trading platform goes down, etc..
However, a cash bid is always hard to beat (especially if the bidder has the fire - power, and the
desire, to raise it), and CQB shareholders may soon realise even a $ 13.00 cash bid could be far superior to a ChiquitaFyffes share
price that could
trade anywhere... As for Fyffes shareholders,
at this point referencing a stand - alone intrinsic value might be a good idea again: Adjusted EBITA's notched a little higher to 3.8 %, but again operating free cash flow (Op FCF) has only averaged about 55 % of adjusted EBITA in the past few years.