OrderType

Overview of "OrderType" enum model

2 types:

  • MARKET

    • meant to be executed as quickly as possible at the current market price

    • the final price may differ from what you saw quoted, especially during volatile market conditions or with less frequently traded stocks

      • For example, if you place a market order for a stock showing $50 per share, but many buy orders hit simultaneously, you might end up paying $50.10 or $49.90

  • LIMIT

    • set the maximum or minimum price you'll pay or receive when buying or selling stock

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