A market-on-close (MOC) order is an order to buy or sell a security at the end of the trading day, when the market price is determined. MOC orders are typically used by investors who want to ensure that their buy or sell order is executed at the end of the day, regardless of the day’s … Read more
An At-The-Opening order is an order that is placed before the market opens. This type of order allows traders to get their orders in early and avoid any potential price spikes that can occur when the market opens. At-The-Opening orders can be placed for both buy and sell orders. For buy orders, the trader is … Read more
An order to buy or sell a security at a price that is better than the current market price. An order to buy or sell a security at a price that is better than the current market price is called an “above the market” order. This type of order is usually used when the investor … Read more
A discretionary order is an order that is not automatically generated by a computer system, but is instead manually entered by a human trader. Discretionary orders can be used to trade any security, but are most commonly used in the foreign exchange market. Discretionary orders are generally used by experienced traders who have a good … Read more
A contingent order is an order to buy or sell a security that is contingent upon the security’s price reaching a specified price. The order is typically used by investors who believe the security’s price will reach the specified price, but are unwilling to pay the current market price. What are trading orders? A trading … Read more
Sell to Open is an order type that is used to initiate a short position in an underlying security. To enter a Sell to Open order, the trader must first locate a security that they believe is overvalued and are therefore looking to sell. Once they have found a suitable security, they will then submit … Read more
An order imbalance occurs when there is an imbalance between the number of buy orders and sell orders in the market. This can happen for a number of reasons, but typically it is because there is more buying or selling pressure in the market than there are orders to fill that pressure. This can lead … Read more
A market-on-open order is an order to buy or sell a security at the opening price of the trading day. This type of order is typically used by investors who have a strong opinion about where the market is headed and want to get their trade in at the opening bell. While a market-on-open order … Read more
A buy stop order is an order to buy a security at a price above the current market price, typically used to limit losses or lock in profits. A buy stop order is placed above the current market price and is only triggered when the security’s price hits or exceeds the stop price. At that … Read more
In the context of trading, a held order is an order that is not immediately executed, but instead is held by the broker until the market conditions are favorable for execution. This type of order is often used by traders who are trying to take advantage of short-term price movements. What are the types of … Read more
