Market Order

A Market Order is the most common futures order placed in commodity trading. This can be a buy or sell order in which instructs a broker to execute a trade order at the best market price currently available. This order is used when you want to get the order executed immediately at the "market price". A market order does not specify a price, it is executed at the best possible price available. This order is used to enter a new position or to exit an existing position.

 Market On open                      Commodity Order Types                      Not Held 

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