Example Scenario: Let’s say you place a market order to buy 3500 shares of ITC:<\/p>\n\n\n\n
108 shares will be purchased at a price of 263.20.<\/p>\n\n\n\n
934 shares will be purchased at a price of 263.30.<\/p>\n\n\n\n
The remaining 2458 shares will be purchased at a price of 263.35.<\/p>\n\n\n\n
The same concept applies to limit orders in a different way. If you place a limit order to buy the 3500 shares at 263.20, 108 shares will be bought immediately. However, the remaining 3392 shares will remain as a pending order in the order book. If any offer at the specified price comes in, the order will be executed.<\/p>\n\n\n\n
Did you know? If any of the bids\/offers have a disclosed quantity, the quantity executed may differ from what is seen in the market depth.<\/p>","protected":false},"excerpt":{"rendered":"
When you place a market order with TradeJini, it gets executed at the best available bid\/offer on the exchange. If there’s not enough quantity in the existing bids\/offers to fulfill your order, the remaining unexecuted quantity will be matched against the next best bid\/offer. Example Scenario: Let’s say you place a market order to buy […]<\/p>","protected":false},"author":1,"featured_media":0,"parent":11495,"menu_order":69,"comment_status":"closed","ping_status":"closed","template":"","doc_tag":[],"acf":[],"_links":{"self":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/11554"}],"collection":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/comments?post=11554"}],"version-history":[{"count":0,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/11554\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/11495"}],"wp:attachment":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/media?parent=11554"}],"wp:term":[{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/doc_tag?post=11554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}