An order to buy or sell a security at the current price is a limit order with a bank limit order with a broker market order limit order

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06-12-2022
Business

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An order to buy or sell a security at the current price is a limit order with a bank limit order with a broker market order limit order

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Tutorconsortium435 Tutorconsortium435 · Answer 1 · 2022-12-12T20:26:43+01:00

A limit order for a securities trade instructs the broker to buy or sell the security "at the market" but only when a specific price level has been reached.

How are limit orders implemented?

A limit order is a buy/sell order that designates a top or bottom price to be paid or received for a stock (the "limit price"). The order will only be filled at the specified limit price or better.

When should you use a limit order?

If an investor believes that the price of an asset will fall, a purchase limit order is the right tool to use. If the investor is prepared to pay market value,

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