At-The-Close Order

At-The-Close Order
An order specifying that a trade is to be executed at the close of the market, or as near to the closing price as possible.

It's essentially a market order that doesn't get entered until the last minute (or thereabouts) of trading. With this type of order you are not necessarily guaranteed the closing price but usually something very similar.


Investment dictionary. . 2012.

Игры ⚽ Поможем решить контрольную работу

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