Market order

When you want to buy (bid) or sell (ask) shares and you’re willing to accept the best available price, use a market order. Your order can be filled all at once or partially filled in separate transactions.

Three things to know about market orders:

  • A market order sends your order straight to the exchange to be filled, but you may not get the price you want unless you use a limit order
  • When your market order is filled in separate transactions, you may end up paying a different price for each transaction
  • If there are other orders placed before your order, it may take a while before your order is processed