moomoo MY Help Center-What is a Market Order
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What is a Market Order

A market order does not need to specify a price, and it is bought or sold at the current market price.

● Market orders do not guarantee a specific execution price.

● When a market order is placed during the pre-market session, the system will put the order on hold and submit it to the exchange after the regular market trading begins.

● Although a market order can be entered during the post-market session, it may not be submitted for matching until the next regular trading session opens.

● The order price will be calculated by multiplying the current price by the market order multiplier.

 

Pre-set orders: Placed after the stock market closes and queued for execution on the next trading day. The pre-set orders support Valid on the Day.

● Set outside RTH orders will be filled at 4:00 AM.

● Set RTH only orders will be filled at 09:30 AM.