An order to buy or sell a security at the current price is a ________.

Name: An order to buy or sell a security at the current price is a ________.
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Question

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A market order is an instruction to a broker to buy or sell a security at the current market price. This type of order is executed immediately, as long as there are willing sellers or buyers. Therefore, a market order is appropriate when the investor wants to ensure execution of the trade right away, without regard to the price.

An Order to Buy or Sell a Security at the Current