Order – Forex Economic Dictionary

Forex Economic Dictionary
Economic Dictionary

Ordera firm order made by a customer to perform transactions under certain conditions. There are several types of orders – a market order, limit order, stop order, OCO (one cancels other), day order etc. All these types give the investor the opportunity to place his own restrictions, affecting the price and the time when the given order is realized. They are usually made online or on the phone.

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