A market order is an order to buy or sell at the current market price. It does not guarantee a specific price.
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09:00 AM - 12:00 PM MYT & SGT
01:00 PM - 05:00 PM MYT & SGT
1. A market orders does not guarantee a specific execution price, especially when the market changes rapidly, it may be executed at a higher or lower price.
2. The price of a market order is calculated as the current price multiplied by market order multiplier, and the market order multiplier is subject to adjustment by Moomoo MY from time to time according to market conditions. If you place a market order, part of your buying power will be frozen accordingly. Once the order is filled or cancelled, that part of your buying power will be released.