Sets a maximum price; the trade only happens if the price hits that target or lower.
The broker checks if you have enough funds to cover the cost.
The order is sent to an exchange (like the NYSE) to find a seller.
AI responses may include mistakes. For financial advice, consult a professional. Learn more
Once a match is found, the trade is "filled" and the asset is added to your portfolio.
Sets a maximum price; the trade only happens if the price hits that target or lower.
The broker checks if you have enough funds to cover the cost. buy order definition
The order is sent to an exchange (like the NYSE) to find a seller. Sets a maximum price; the trade only happens
AI responses may include mistakes. For financial advice, consult a professional. Learn more Sets a maximum price
Once a match is found, the trade is "filled" and the asset is added to your portfolio.