Questions tagged [market-order]
A market order is an order placed with a brokerage to execute a buy or sell transaction of a set number of shares at the current market price.
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What happens if stop market orders are activated and there is zero volume in the book?
I am developing an order matching system and I have a few scenarios that I would like to confirm my understanding of.
From my understanding, a stop order will be activated when the last traded price ...
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What is the difference between an Order and a Trade?
What is the difference between an order and a trade in the context of financial services and exchanges? From what I understand, an order is an instruction to buy or sell something but trades occur ...
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Market sell order executed at a higher price than existing limit order in a very illiquid market for an illiquid stock
First off, please bear in mind that this is a very rare scenario for a very illiquid stock in an illiquid market. Let's say the lowest ask price for the stock is 10.00 atm and there's no bid order ...
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Broker executed market order far outside spread
I placed a buy market order during trade hours. The broker executed the order at a horrible price far outside the spread. The security's spread was wide, but I expected the order to be executed at ...
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Calculate Average Price of Market Order in a thin order book:
Take the following UST/USDC order book:
Suppose I were to place a market order to buy $10,000 USDC worth of UST. How would I calculate the average price the order would be filled at? Would this math ...
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Order Book ASK - which BUY orders are serviced first at cryptocurrency exchange
New to trading. I came across the concept of an "Order Book".
MY UNDERSTANDING
My understanding (when going LONG) is that a trade ONLY takes place if the BID Amount >= the ASK Amount - ...
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How big participants consume liquidity
I’m currently studying order flow, and one thing I see a lot is that big participants or institutional traders don’t use market orders in order not to get slippage, instead they use limit orders ...
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Are there market makers in bonds market?
When I order to mkt buy/sell stocks in US primary markets it excuted in seconds. In bonds markets, especialy in US treasuries, if I order to sell my bond or to buy an old bond, could my mkt order last ...
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Placing Orders To Get the Best Price
I wondering what is the best order type for this situation: STOP MARKET or STOP LIMIT.
I am also using a software called Tradingview that allows one to get Alerts when Price reaches a certain level.
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Restarting positions- How to find the best strategy
So, I have a question. The broker where I trade, has this special offer. Namely, for every three trades that I have lost, they return me the smallest loss.. For example, last week I lost 10USD, 11usd ...
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How is the price of stock decided in an order driven market?
In all the online articles I read, it was written that while placing a market order in an order driven market, trade gets executed either at the lowest ask or the highest bid.
But when we go to buy or ...
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How does Limit order book works in the following hypothetical scenarios? [duplicate]
I’m a beginner to trading and reading some stuff about Limit & Market orders. I’ve thought up some scenarios and I would like to confirm on how the underlying order book mechanism deals with them.
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Can NYSE market makers step in front of existing limit orders to fill an incoming market order?
Suppose the lowest offer on stock S is $10. This offer is not the market maker's offer. A trader places a market order to buy stock S on the NYSE. Can the NYSE market maker "intercept" this ...
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Should I consider the bid-ask spread as part of the transaction cost of a market order?
When I place a market order or marketable limit order that successfully executes, should I consider the bid-ask spread as part of the transaction cost of my order? The bid-ask spread is appears to be ...
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I want to know by an example how prices in stock market changes [closed]
Let us assume there is a listed company x. Currently it has 100 shares issued to trade in free float market. Current price of stock is let say 10. Now please let me know if I purchase one share of ...
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In over-the-counter markets, shouldn't price takers attempt to match each other's prices?
From what I understand, a market maker buys at bid price and sells at ask price, whereas the price taker involved with the market maker buys at ask price and sells at bid price. Basically, the market ...
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Market Makers & Takers
I'm asking this question out of curiosity as a person who has never traded before.
I notice exchanges generally reward market makers while taxing takers with a fee. If everyone in an exchange chooses ...
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purpose of making an MOC order
I'm just introducing myself to the different order types in ordering stocks, and I don't understand the purpose of an MOC order. In what scenario would making this order be useful or propitious?
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Priority of out of hours sell limit vs market order
Say a stock price is $10. I own a number of stock and one evening decide to sell because of bad news, so I place an order outside of trading hours, anticipating it will execute the next morning.
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Is a hidden order that's higher than the bid price prioritized over the bid price?
For example. If the bid price is $1.00 and the ask price is $1.02, and I submitted a hidden order to buy at $1.01, my hidden order will be prioritized over the $1.00 bids, right?
I'm asking because I ...
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How did my market order not fill on TD webbroker?
I am upset at the fact that two MARKET orders I placed did not fill on TD webbroker. One to sell an existing asset (MNT.TO) and the second an order to buy (an ETF) with 16 million in volume that day.
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Why don't "buy uptick" and "sell downtick" orders exist?
I am learning about tick-sensitive orders. I know that there are two kinds of tick-sensitive orders:
Buy downtick order: can be filled only on a downtick or zero downtick price.
Sell uptick order: ...
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When someone like Warren Buffett buys a large percentage of a company, how do they do it?
I'm asking about the specific mechanics of how these large-scale trades are done. Could it be done by setting a limit buy for 150,000,000 shares of AXP on your regular brokerage and just waiting to ...
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Can a market order be matched by another market order in stock trading?
I have found similar questions in this forum but those answers didn't specifically clear the fact.
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Do Institutions (large trading firms) use market orders?
It is well known that Institutional traders (Large trading firms, market makers) most of the time use LIMIT orders or Hidden limit orders. My question is, do they ever use market orders in their ...
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Can a broker cancel market orders?
I sold my Tesla shares through the Revolut app. After I confirmed this, the transaction was in a "pending" state for several hours. After a few hours, I received a notification telling me ...
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When an electronic market reopens in the morning how are all the bids handled?
When an electronic market reopens in the morning how exactly are all the bids (including market orders from both sides) handled?
A good answer should include a description of the process the exchange ...
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Do market makers (equities, equity options) continually adjust bid / ask quotes or only adjust after they receive orders?
I’m stuck between two fields of thought, and I’m curious if anyone knows how this works in practice?
On one hand, if the MMS have a bid and ask based on current supply and demand and nothing changes,...
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Option limit order filled at better than previous bid price
I was trying to close out of a position today (buy to close - short call option) and had a limit order active all day long at 0.20. Near the end of the day I got anxious and raised my limit price up ...
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Price/time priority VS pro-rata priority
Could someone please explain to me the example in the image below? I thought I had perfectly understood the two mechanisms, but this example makes me doubt about that
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price time priority market and limit orders
In a price time priority matching algorithm, if we have a market buy order first in the queue, would it first try to match other market sell orders or match other limit sell orders in the orderbook?
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Trailing Stop Market Order getting Cancelled
I have a trailing stop market order on a ETF (Account in - TD, Canada. EFT: VFV.TO ). This has worked for me previously but today (Dec 30, 2019), I see that a couple of them have been cancelled. It ...
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Which completes first, a market order or stop order?
Say the price of a stock is $3.00 a share. At 10:00am Bob places a buy stop order for $3.02. At 10:01am, Mary places a market order for the exact same number of shares. Right after Mary places her ...
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How does cash accounting work in an exchange?
Edit: I'm trying to create an order matching engine for options trading.
I'd like to ask my question by creating a situation:
Amy has a short position in a single (1) call option on AAPL. Let's ...
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Trailing Stop Order - how often do they get executed due to an error?
I've just submitted a trailing stop order. In the order preview a warning icon popped out: "...your order can be executed due to a system outage or accidental miscalculated ticks..."
How often does ...
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How to estimate the average cost-per-share of a not-very-liquid ETF purchased with a market order?
I'm a Canadian resident and a few months ago I bought a US-listed Vanguard ETF of European stocks (VGK). There was a Canadian-listed version of this ETF (VE), but I chose the US-listed one because the ...
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Trading Order Type to Immediately Buy as Much as Possible of an Asset for a Given Amount of Money
Say I'm interested in buying 300 USD worth of stock A and 700 USD worth of stock B and let's say, for the sake of argument, that it's possible to buy a fractional amount of those stocks (i.e. I could ...
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Market after hours question
While I don't do much of it anymore, I've traded during the pre-market and after hours for almost 20 years. These were usually earnings announcements with short term liquidity. This question has to ...
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Bid and ask... no limit orders [duplicate]
So I'm understanding that the bid is the price buyers are willing to pay for a stock, and ask is the price sellers are willing to sell for.
But what if there are no limit orders... only market orders....
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Would a market buy order execute at a ridiculous ask price?
I was looking at a Vanguard ETF after the market had closed. The ETF usually trades in the 80 dollar range. I was looking to put in a market order for some shares that would execute the next morning ...
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Is market order a special kind of limit order?
Is market order a special kind of limit order: is a buy market order equivalent to a limit order with very high (e.g., 10x trading price) buy price.
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Is there benefit in waiting for a stock market to open?
I am planning to purchase shares of a particular company that produces electricity using renewable wind power. The share price after market closure yesterday was 13.60. The price has been remarkably ...
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Can market orders execute at an absurd price?
When I write limit orders for securities that have a low trading volume, I normally ping the brokerage API to see what the current ask price is. However, when I was looking at a specific stock I ...
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Functional Question About Maker/Taker Markets
I have a question about the workings of a maker-market. This works for basically any product, but the example is quite nice for cryptocurrencies (due to their high volatility).
Consider a (fictitious)...
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Market Order executed at higher price than market price
On the 9th of January, while the US markets were closed, I placed a market order on GPRO (nasdaq)
The next day, I noticed that my order was executed at $6.10 at the market opening, 9:30am (ET) ...
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buy to open + sell to close VS buy to open + sell to open end result difference
Regarding options and assuming same strike price, what is the end result difference, other than increasing the open interest and potentially requiring more margin, between
buy to open + sell to ...
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What happens if a market order is not fulfilled completely?
In trading, if a market order is not fulfilled completely then what happens to remaining unfilled quantity?
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What is the role of a market-maker?
I am trying to understand the role of a market-maker. So, the best bid and offer depend on where orders are resting, and these orders are from retail investors or institutions or whoever. Why is it ...
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What is market order's relation to bid ask spread?
Say the bid ask in one scenario is 100/101 and in another scenario it is 90/98 ( hypothetical, for the same stock ). I want to hit a market buy order. In the second case ask is lower ( 98 ) but the ...
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What happens when there are no Limit Orders?
If we assume a situation where all the Limit Orders for a stock have been executed. The Market Price is say $100 for the stock. No further Limit Orders come in, either for Buy or Sell.
However, the ...
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