What Is a market order?

If you invest in the stock market, you probably know that there are different types of orders you can place in order to buy and sell a stock. Investors use different kinds of orders depending on their personal preference or their underlying strategy. One of those is a market order, which is one of the more popular types of stock market orders. Here's how it works. Market order: Definition What is a market order, exactly? A market order allows an …