A Market Order is an order type that allows traders to Buy or Sell Stocks at The Best Available Price in the market.
How a Market Order Works:
- A Buy Market Order is executed at the lowest available selling price.
- A Sell Market Order is executed at the highest available buying price.
- Since market orders are executed instantly, the final execution price may be slightly different from the last traded price.
How to Place a Market Order on Lakshmishree (Shree Varahi):
- Open the Shree Varahi trading platform.
- Select the stock/contract you want to trade.
- Choose Market Order as the order type.
- Enter the quantity and confirm the order.
Market Orders are best for quick execution, but they may result in price slippage if the market is highly volatile.