Away From The Market
 |
Definition of 'Away From The Market'An expression that is used when the bid on a limit order is lower than the current market price or the offer price is higher than the current market price, for a particular security. An away from the market order is a limit order to buy at a price lower than the current market price and an order to sell at a price higher than the current market price. The opposite of an away from the market order is an in-line order. |
 |
Investopedia explains 'Away From The Market'Away from the market limit orders are typically held for later execution, unless specified as Fill or Kill (FOK) orders. Away from the market refers to orders that are entered at a price that is not immediately available. For example, a limit order to buy 100 shares of Microsoft at $28.00 is away from the market if the stock is presently trading at $32.00 per share. Similarly, a limit order to sell 100 shares of Microsoft at $36.00 is away from the market when shares are currently trading at $32.00. |
Related Definitions
Articles Of Interest
-
The Basics Of The Bid-Ask Spread
The bid-ask spread is essentially a negotiation in progress. To be successful, traders must be willing to take a stand and walk away in the bid-ask process through limit orders. -
I don't understand how a stock has a trading price of 5.97, but when I buy it I have to pay the asking price of 6.04. How can I be paying more than what the stock is trading for?
It might seem logical that the last traded price of a security is the price at which it would currently be trading, but this rarely occurs. The market for a security (or its trading price) is ... -
Forex: Demo Before You Dive In
All trading platforms have benefits and drawbacks - master the fake trade before making a real one. -
Forget The Stop, You've Got Options
Using options instead of stop-loss orders adds finesse and control in limiting losses. -
The Stop Loss Order
A stop loss order can protect an investor's portfolio when it is left unattended. Find out more about this market order and how it can work for you. -
Introduction To Order Types
A trade order is an instruction that is sent to a broker to enter or exit a position. Learn about the various types available to investors. -
Understanding Order Execution
Find out the various ways in which a broker can fill an order, which can affect costs. -
Intermediate Guide To MetaTrader 4
Learn how to use MetaTrader 4 software at an intermediate level. -
A Look At Exit Strategies
Setting appropriate exit points should help you avoid taking premature profits or running losses. -
5 Things To Do When The Market Won't Go Down
Even when the market looks like it can still go higher, sometimes it's best to leave while you're still up.
Free Annual Reports