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  3. Market order vs. limit order: How they differ and which type ...

    www.aol.com/finance/market-order-vs-limit-order...

    Besides these two most common order types, brokers may offer a number of other options, such as stop-loss orders or stop-limit orders. Order types differ by broker, but they all have market and ...

  4. Central limit order book - Wikipedia

    en.wikipedia.org/wiki/Central_limit_order_book

    A central limit order book (CLOB) [1] is a trading method used by most exchanges globally using the order book and a matching engine to execute limit orders.It is a transparent system that matches customer orders (e.g. bids and offers) on a 'price time priority' basis.

  5. Order (exchange) - Wikipedia

    en.wikipedia.org/wiki/Order_(exchange)

    Limit orders are used when the trader wishes to control price rather than certainty of execution. A buy limit order can only be executed at the limit price or lower. For example, if an investor wants to buy a stock, but does not want to pay more than $30 for it, the investor can place a limit order to buy the stock at $30.

  6. Sales order - Wikipedia

    en.wikipedia.org/wiki/Sales_order

    A sales order should record the customer's originating purchase order which is an external document. Rather than using the customer's purchase order document, an internal sales order form allows the internal audit control of completeness to be monitored. A sequential sales order number may be used by the company for its sales order documents.

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  8. Order flow trading - Wikipedia

    en.wikipedia.org/wiki/Order_flow_trading

    Order Flow traders can see both Limit orders and Market orders being placed, footprint charts show only executed market orders and therefore show the actual volume of buyers and sellers. [ 5 ] limit orders are price points where traders have ordered to buy or sell a stock, these orders will not get executed unless the price of the market hits ...

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