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Can market orders be entered on after market trades?

Updated: 8/17/2019
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13y ago

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no they can not

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Q: Can market orders be entered on after market trades?
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How many types of trade are there?

All trades are made up of separate orders, that are used together to make a complete trade. All trades consist of at least two orders (one buy and one sell order), usually with one order to enter the trade, and one or more orders to exit the trade. A single order is either a buy order or a sell order, and an order can be used either to enter a trade or to exit a trade. If a trade is entered with a buy order, then it will be exited with a sell order, and vice versa. For example, if a trader expected the market's price to go up, the simplest trade would consist of one buy order to enter the trade, and one sell order to exit the trade. Conversely, if a trader expected the market's price to go down, the simplest trade would consist of one sell order to enter the trade, and one buy order to exit the trade. If this last example seems backwards, see the shorting entry in the trading glossary for an explanation. Traders have access to many different types of orders that they can use in various combinations to make their trades. The following explanations will explain each of the order types, and how these orders are used in trading. Note that many traders do not fully understand all of these order types, and they may seem slightly abstract at first, but their use will become clearer once you start to use them in your trading. Market Orders (MKT) Market orders are orders to buy or sell a contract at the current best price, whatever that price may be. In an active market, market orders will always get filled, but not necessarily at the exact price that the trader intended. For example, a trader might place a market order when the best price is 1.2954, but other orders might get filled first, and the trader's order might get filled at 1.2956 instead. Market orders are used when you definitely want your order to be processed, and are willing to risk getting a slightly different price. Limit Orders (LMT) Limit orders are orders to buy or sell a contract at a specific or better price. Limit orders may or may not get filled depending upon how the market is moving, but if they do get filled it will always be at the chosen price, or at a better price if there is one available. For example, if a trader placed a limit order with a price of 1.2954, the order would only get filled at 1.2954 or better, if it got filled at all. Limit orders are used when you want to make sure that you get a suitable price, and are willing to risk not being filled at all. Stop Orders (STP) Stop orders are similar to market orders, in that they are orders to buy or sell a contract at the best available price, but they are only processed if the market reaches a specific price. For example, if the market price is 1.2567, a trader might place a buy stop order with a price of 1.2572. If the market then trades at 1.2572 or above, the trader's stop order will be processed as a market order, and will then get filled at the current best price. Stop orders are processed as market orders, so if the stop (or trigger) price is reached, the order will always get filled, but not necessarily at the price that the trader intended. Stop orders will trigger if the market trades at or past the stop price, so for a buy order, the stop price must be above the current price, and for a sell order, the stop price must be below the current price. Stop Limit Orders (STPLMT) Stop limit orders are a combination of stop orders and limit orders. Like stop orders, they are only processed if the market reaches a specific price, but they are then processed as limit orders, so they will only get filled at the chosen price, or a better price if there is one available. For example, if the current price is 1.2567, a trader might place a buy stop limit order with a price of 1.2572. If the market trades at 1.2572 or above, the stop limit order will be processed as a limit order. If the market continues to trade at 1.2572, the limit order will get filled at 1.2572 or at a better price if there is one available. Stop limit orders may or may not get filled depending upon whether or not the market reaches the chosen price, and then depending upon how the market moves. Stop limit orders will trigger if the market trades at or past the stop price, so for a buy order, the stop price must be above the current price, and for a sell order, the stop price must be below the current price. Market if Touched Orders (MIT) Market if touched orders are identical to stop orders, except that they are used when the market price has already traded past the stop price, and the trader only wants the order to be processed if the market price comes back to the stop price. For example, if the market price is 1.3010, and the trader places a buy market if touched order with a price of 1.3001, the order will only be processed if the market trades at or below 1.3001. If the order is processed, it will be processed as a market order, and will get filled at the current best price. Market if touched orders will trigger the opposite way than a stop order, so for a buy order, the trigger price must be below the current price, and for a sell order, the trigger price must be above the current price. Limit if Touched Orders (LIT) Limit if touched orders are identical to stop limit orders, except that they are used when the market price has already traded past the stop price, and the trader only wants the order to be processed if the market price comes back to the stop price. For example, if the market price is 1.3010, and the trader places a buy market if touched order with a price of 1.3001, the order will only be processed if the market trades at or below 1.3001. If the order is processed, it will be processed as a limit order. If the market continues to trade at 1.3001, the limit order will get filled at 1.3001 or at a better price is there is one available. Limit if touched orders will trigger the opposite way than a stop limit order, so for a buy order, the trigger price must be below the current price, and for a sell order, the trigger price must be above the current price


What is the name of the black market that Katniss trades at in The Hunger Games?

The Hub is the name of the black market that Katniss trades at in The Hunger Games.


What was a result of the stock market crash farmers problems and the overuse of credit?

The country entered a depression as the result of the stock market crash.


Most trades are made in what market?

The New York Stock Exchange


What's the earliest i can trade shares on the LSE?

Trading on the London Stock Exchange (LSE) usually begins at 8:00 AM UK time. Some brokers might allow you to place orders before the market opens through pre-market trading facilities, but actual trades will typically execute when the market officially opens at 8:00 AM.


How can a broker go bankrupt in a stock market?

when he trades on his own .. he will go bankrupt


Is there is any money market trades over the weekend?

In foreign countries their may have been.


Can market makers trade OTC stocks after hours?

Yes they can in the form of T-trades.


How much money did Last Orders gross domestically?

Last Orders grossed $2,326,407 in the domestic market.


What company trades as DODFX?

The company that trades under the code DODFX is called Dodge & Cox International. The code is what they use on the stock market for their International Stock Fund.


What is the ticker symbol for Fiat?

Fiat trades under the symbol F on the Italian Stock Market. It trades in the US under the ticker symbol FIATY on the pink sheets.


What is DMA in stock market?

Direct Market Access (DMA) is a service offered by some stockbrokers that enables sophisticated private investors to place buy and sell orders directly on the London Stock Exchange order books. With DMA private investors can level the playing field and trade like market professionals.What is DMA?Traditionally a broker has sent an investor's order to a specialist market maker known as Retail Service Provider (RSP), however DMA now provides you with a choice. DMA allows you to take greater control of your trades by using a broker to place your orders directly on the central market along with all the other market participants. A relatively new service for investors in the U.K. but a benefit which has been enjoyed by investors for sometime in other major markets around the world. The key benefits of DMA include:Equal playing field Every order is of equal status on the order book, prioritised only in terms of price and time.Visibility Orders are visible to the entire market allowing all market participants full contribution to central market liquidity.Depth of order bookThe order book shows the number of buyers versus the number of sellers and at what price they are willing to trade.Set your own priceLimit orders can be entered at whatever price you choose and will be available to the entire market.Tighter spreadsAs limit orders are displayed publicly rather than held privately, market spreads become tighter, benefiting the order placer, who has a higher chance of getting executed at the price and the market as a whole which has a tighter public reference price to work from.Auction participation You can participate in the pre-market and post-market auctions where the highest or lowest price often occurs.Peace of mindRegulation and market supervision by the Exchange.CertaintyThe order book is always available during trading hours.Ref: http://online-movies.cona.in