Assertion: limit's order | /r/HasProperty | filled
Facets:
value: similarly
type: DEGREE
value: right away
type: MANNER
value: better than a specific price level
type: OTHER
Source sentences:
text: Key Takeaways A limit order guarantees that an order is filled at or better than a specific price level.
text: By using a buy limit order the investor is guaranteed to pay the buy limit order price or better, but it is not guaranteed that the order will be filled.
text: While the price is guaranteed, the order being filled is not.
text: Said another way, by using a buy limit order the investor is guaranteed to pay the buy limit order price or better, but it is not guaranteed that the order will be filled.
text: If Apple stock trades down to $121 (ideally $120.99 to assure the order is filled) then the investor will own shares at $121, a significant savings from the $125.25/26 price the investor first saw.
text: The order will only be filled if the market trades at that price or better.
text: A buy limit order does not, however, guarantee that an order will be filled.
text: Orders at each price level are filled in a sequence determined by the rules of the various exchanges; therefore, there can be no assurance that all orders at a particular price limit (including yours) will be filled when that price is reached.
text: Similarly, if a stock is bid $86.40, a sell order with a limit of $80 will be filled right away.
text: A buy limit-on-open order is filled if the open price is lower, not filled if the open price is higher, and may or may not be filled if the open price is the same.