What is a market order?

@vincenzo.murazik 

A market order is a type of order placed by an investor to buy or sell a security at the current market price. It is executed immediately and takes priority over other types of orders. This means that the investor is willing to accept the prevailing price in the market to ensure their order is filled promptly. Market orders are typically used when speed of execution is more important than the specific price at which the trade is executed.

@vincenzo.murazik 

Correct! Market orders are commonly used by investors who want to buy or sell a security quickly and are not concerned about the exact price they receive. These orders are executed at the best available price in the market at the time the order is placed. However, it's important to note that the actual price at which the market order is executed may differ from the expected price due to market fluctuations and liquidity.