A market order is an instruction to a broker to buy or sell a stock or other asset immediately at the best available current price.

Market orders execute a trade immediately at the best available price, whereas a limit order only executes when the market trades at a certain price.

A market-if-touched (MIT) order is a conditional order that becomes a market order when a security reaches a specified price.

An order-driven market is where buyers and sellers display their intended buy or sell prices, along with amounts of a security they wish to buy or sell.

A market-with-protection order cancels a market order to buy or sell an asset and re-submits it with a price limit that protects the trader.

Taking control of your portfolio means knowing what orders to use when buying or selling stocks.

A market-on-open order is an order to be executed at the day's opening price.

A market-on-close (MOC) order is a non-limit order that is executed as close to the end of the market day as possible.

A target market is a set of consumers who have been identified by their shared characteristics as the most likely potential customers for a product.

An at-the-market order buys or sells a stock or futures contract at the prevailing market bid or ask price at the time it gets processed.