Market Order executed at higher price than market price

A buy limit order only executes when the market price of the stock is at or below the order’s limit price. So, generally speaking, if you place a buy limit order with a price that’s above the market price, the order will execute (perhaps at a better price).

Why did my order get executed at different price points?

When you place a market order, the order will get executed at the best bid/offer available at the exchange. If the quantity of the existing bids/offers isn’t enough to match your order quantity, in that case, the remaining unexecuted quantity will be matched against the next best bid/offer.

Why did my limit order execute at a higher price?

If you place a limit sell order at 180, since there is a bid to buy at 185.35 your order will get sold at 185.35. Since selling at Rs. 185.35 means you are getting Rs. 5.35 more than what you are asking to sell the stock.

At what price is a market order executed?

A market order is an order to buy or sell a security immediately. This type of order guarantees that the order will be executed, but does not guarantee the execution price. A market order generally will execute at or near the current bid (for a sell order) or ask (for a buy order) price.

Does market order mean the order is executed at the current market price?

A market order is an order to buy or sell a stock at the market’s current best available price. A market order typically ensures an execution, but it does not guarantee a specified price.

Will limit order execute at lower price?

A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher. A limit order is not guaranteed to execute. A limit order can only be filled if the stock’s market price reaches the limit price.

Are limit sell orders placed above or below the market price?

Limit orders must be placed on the correct side of the market to ensure they will accomplish the task of improving the price. For a buy limit order, this means placing the order at or below the current market bid.

How is market order executed?

Market orders are usually executed by a broker or brokerage service on behalf of their clients who want to take advantage of the best price available on the current market. Market orders are popular considering that they are a fast and reliable method of either entering or exiting a trade.

Does a market order execute immediately?

A market order is an order to buy or sell a stock at the best available price. Generally, this type of order will be executed immediately. However, the price at which a market order will be executed is not guaranteed.

How are after market orders executed?

After-market orders for commodity can be placed anytime during the day, orders will be sent to the exchange at 9:00 AM (MCX opening). So if you place an after market order at 8:59 it will get sent today and if you place it at 9:01 AM it’ll get sent tomorrow.

Which orders are executed first?

This means that orders get executed on a ‘first come first serve‘ basis (queue system). If there are people who have placed orders before you, your order will be executed only if the orders placed earlier gets filled. Placing a pre-market order has a better chance of being executed than an AMO.

Which is better AMO or GTT?

GTT is a feature which allows you to set a trigger price, such that; if your trigger price is hit in a future date, a limit order will be placed on the exchange as per the limit price and preset conditions set by you. AMO is an advance order that allows traders to place buy/sell orders after regular market hours.

At what price is Amo executed?

AMO orders get executed at the next day’s opening price because you fill them after the market has closed for the day.

When Amo orders get executed?

After market orders (or AMOs) are orders that are placed after the stock market is closed. It’s important to note that the orders are just “placed” and not executed. Orders can only be executed during the market hours (that is 9:07-3:30 pm). We will talk more about this in a bit.

Can Amo orders be Cancelled?

Any AMO order placed can get cancelled before it getting placed at the exchange, in the absence of sufficient margins at the beginning of the day margin calculation process. Hence clients are requested to check the orders status during the market hours in the order report to find the status of the AMO order placed.

Can we put stop loss in AMO order?

AMO orders are allowed for all product types (CNC/MIS/NRML) except for CO. Stop loss Market(SL-M) orders aren’t allowed for options contracts using AMO. However, you can use a GTT order instead to place a stoploss during non-market hours. On weekends and trading holidays, AMOs can be placed at any time.

Can I place Amo on Sunday?

AMO can be placed anytime on weekends and trading holidays.

Can I buy shares on Sunday?

Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) remain close on Saturdays and Sundays except any special trading sessions announced by the exchange i.e. Diwali Muhurat Trading or to test new technical platforms.

What is trigger price?

(ˈtrɪɡə praɪs ) if a commodity reaches a trigger price, its price, or the conditions governing its sale are changed; a price at which certain consequences ensue. Unfortunately, the trigger price was set so high as to make a rebate all but impossible. Collins English Dictionary.

Why trigger price should be greater than market price?

When placing a buying Stop Loss [SL] order, the trigger price entered should be lesser than the limit price. When placing a selling Stop Loss [SL] order, the trigger price should be higher than the limit price. If the above rules is not adhered to, the order will get rejected & the above error will be displayed.

What is difference between price and trigger price?

Trigger price is the price at which your buy or sell order becomes active for execution at the exchange servers. In other words, once the price of the stock hits the trigger price set by you, the order is sent to the exchange servers.

How do you fix a trigger price?

An incorrect stop loss trigger price can immediately fetch a loss for you.
How To Put Correct Stop Loss Order?

1. SL should be lower than buy price.
2. SL should be higher than short sell price.
3. There should be an optimum gap between the stop order price and stop-loss trigger price.

Should trigger price be higher than limit price?

In case you choose to use a Limit price (as opposed to market price) for your Stop Loss order, you must remember the following guideline : – For a Buy order, the limit price must be greater than or equal to the trigger price. – For a Sell order, the limit price must be less than or equal to the trigger price.

What is the best stop-loss strategy?

A tried-and-true way of entering or exiting a position immediately, the market order is the most traditional of all stop losses. Placing a market order is easy; simply hit the “Join Bid/Offer” or “Flatten” buttons on you trading DOM, and the order is instantly sent to market for execution.