Order

What is an order?

Orders are how you can manage your investments without having to follow the market around the clock. An order is an instruction you place with a broker to buy or sell securities at a specific price or at a specific time. Phronimos Group can find that there are many different types of orders.

Where have you heard about orders?

If you manage your investments through a broker, you may place orders to capture price increases and limit price decreases, thereby maintaining the value of your portfolio within a specific range.

The information you need to know about the order...

Investors set investment strategies through orders and make brokers work hard to execute them. Orders are divided into many different types and can be very complex. The following are some examples: closing or cancellation (orders that must be fulfilled or canceled immediately); Linked markets (orders bought and sold with the best bid or offer); minimum quantity (to ensure that the minimum number of units for your order is fulfilled); Limit order (is the most original order that directly requires the broker to buy and sell at a specified price or more favorable price) and cap orders (if not immediately market-to-market, turn into limit orders).