A marketable limit order that the broker or exchange can execute immediately when it is submitted by a seller. It is a sell order which places a restriction on the minimum price to be received- i.e., it must be equal to or lower than the current bid price in the market. The limit price of the order is at or below the best bid. The broker can arrange to sell immediately to the buyer with the best bid quote.
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41
Comments