Series 7: 17.4.2.2 Time And Price Orders

Taken from our Series 7 Top-off Online Guide

17.4.2.2  Time and Price Orders

Orders placed on the market are generally divided into two types: price orders and time orders. A price order is an order to execute a transaction according to price specifications. A time order is an order to buy or sell by a specified time, after which it is either cancelled or converts to a price order, according to its specifications.

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