market orders
A market order is an order that is executed immediately (if the stock market is open) at market price. The trader is sure of the execution of the order. The exact price at which the order is executed, he knows not.
If a trader enters a buy order at market price, your order will initially be performed at the Ask price. The Ask (Ask) lies the first seller.
In the case of Google is the Ask price $ 387.35.
If, at this rate sufficient volume level, then the position, then to this Ask course be carried out.
If a trader enters a sell order at market price, your order will initially be performed at the Bid price. On the Bid (Bid) is indeed the 1st buyer.
In the case of Google is the Bid price $ 387.33.
If, at this rate sufficient volume level, then the position, then to this Bid course be carried out.
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