Glossary entry

Spanish term or phrase:

orden por lo mejor

English translation:

market order

Added to glossary by JH Trads
Dec 6, 2001 07:42
22 yrs ago
5 viewers *
Spanish term

orden por lo mejor

Spanish to English Bus/Financial Investment / Securities Stock Market
A type of order for a transaction on the stock market,
Thanks,
Proposed translations (English)
5 +2 market order
4 market order

Proposed translations

+2
27 mins
Selected

market order

It means that the order will be executed at the price available in the market,as in the reference below:


Market order
Tracey wants to buy 100 shares of QRS stock right away. She doesn’t care if the price increases or drops, as long as she purchases it. She contacts her Financial Advisor, who places a market order. This tells the floor broker to execute the trade immediately, regardless of market conditions. Market orders are filled at the best possible price.

I hope it helps

Reference:

exp fin/markets

Peer comment(s):

agree Robert INGLEDEW
2 hrs
thanks Robert
agree Worklog
3 hrs
thanks Lyssy
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4 KudoZ points awarded for this answer. Comment: "Thanks, "
29 mins

market order

Hi Jo,

I add here the web refernce of my answer above:http://www.raymondjames.com/stocks_orders.htm

They explain the different type of orders

HTH
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