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At-The-Close Order

What Does It Mean?
What Does At-The-Close Order Mean?
An order specifying that a trade is to be executed at the close of the market, or as near to the closing price as possible.
Investopedia Says
Investopedia explains At-The-Close Order
It's essentially a market order that doesn't get entered until the last minute (or thereabouts) of trading. With this type of order you are not necessarily guaranteed the closing price but usually something very similar.
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