Order (exchange)  From Wikipedia, the free encyclopedia
  (Redirected from Limit order) Jump to: navigation, search  An
order in a market such as a stock market, bond market, commodity
market, or financial derivative market is an instruction from
customers to brokers to buy or sell on the exchange. These
instructions can be simple or complicated. There are some
standard instructions for such orders.  Market order[edit]  A
market order is a buy or sell order to be executed immediately
at current market prices. As long as there are willing sellers
and buyers, market orders are filled. Market orders are
therefore used when certainty of execution is a priority over
price of execution.  A market order is the simplest of the order
types. This order type does not allow any control over the price
received. The order is filled at the best price available at the
relevant time. In fast-moving markets, the price paid or
received may be quite different from the last price quoted
before the order was entered.[1]   Limit or