Slovensky | English
Infomail: fio@fio.sk

Market - MKT

This order is used to buy or sell a requested quantity of a security for the best possible price (best offer / bid) at the time the order is delivered to the market. In other words the price at which the order is settled is not limited in any manner (trade occurs at the best bid or offer).

Purchase or sale are the best available bid or offer and is allowed by Market type order.

Example of use:

Most frequently this order is used when an investor wants to buy or sell a quantity of securities at the best price currently available on the market with no other conditions. In the event of sudden negative changes on the market, the order will be executed at a price that differs from the open available when the order was placed.

Placing an order:

An investor is considering the purchase of a security and prefers settlement speed over the price at which the order will be settled. Fill in the "Quantity" field in the order window.


ORDER PARAMETERS:

Direction: Sell

Limit Price: not shown ("Market" order)

Quantity: 1000 shares

Before order is placed:

Price (USD)Cumulative number of shares 
10.358,000Offer
10.305,000
10.202,000
10.101,550
10.00850
  Middle
9.90350Bid
9.85700
9.832,000
9.805,000
9.757,000

When order is placed:

Price (USD)Cumulative number of shares 
10.358,000Offer
10.305,000
10.202,000
10.101,550
10.00850
  Middle
9.90350Bid
9.85700
9.832,000
9.805,000
9.757,000

Once the order is placed in the bids, it is settled for 350 shares at USD 9.90, 350 shares at USD 9.85 and 300 shares at USD 9.83.

After trade is completed:

Price (USD)Cumulative number of shares 
10.358,000Offer
10.305,000
10.202,000
10.101,550
10.00850
  Middle
9.831,000Bid
9.804,000
9.756,000
9.746,500
9.708,000
e-Broker

Login | Demo

Internetbanking

Login | Preview

Smartbanking

Download | Activation


Facebook Twitter YouTube

Exchange list

BuySell
CZK26,0134024,64560
USD1,129761,06394
GBP0,863110,81282
CHF0,968830,91238
PLN4,439014,18042

Full details here