A market order is a buy or sell order that must be executed immediately at the current market price. Market orders are traded immediately on the exchange (taking into account active trading of the relevant securities on the exchange) and such orders are given the highest priority. Although there is no exact price guarantee, with proper liquidity, market orders are executed fairly quickly. The buy or sell price the customer sees when placing an order is for reference only and the actual execution price may vary due to the rapidly changing nature of the market.
Note: The price shown in the application reflects the price of the last transaction, it may not be the best price available at the time of ordering.