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Order Types1) Market Order -You can execute your order quickly as the order is matched to the best selling or buying price available in the market at a given point of time.E.g. imagine that the best offer for 2050 is AED 35.20. If you place a Market Order to buy stocks of 2050, then you will pay a price near AED 35.20 for a stock.2) Limit Order -In a Limit Order you can set the maximum buying price or the minimum selling price. The order will be executed at the specified price or better. By this means you can indicate the price the customer wants to pay or receive for buying or selling shares.
E.g. imagine that the best offer for 2050 is AED 35.20. If you place a Limit Order to buy stocks of 2050 at AED 35.00, then your order will get executed only if the stock price is reached AED 35.00 or below.
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