A market order is the simplest and fastest way to buy or sell a security, prioritizing speed over price. While execution is virtually guaranteed, the final price can vary—making this order type efficient but unpredictable during volatile conditions.

You’ll learn:

• How market orders work and when they’re typically used

• The benefits and risks of prioritizing execution over price

• Why market orders are often used for liquid securities

• How this order type is tested in trading scenario questions

📘 Related Exams: SIE, Series 7, Series 9, Series 65, Series 66
🧠 Skill Level: Beginner
📈 Topics Covered: Order types, execution timing, price risk