Order did not go through


ankit06rout
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#0

I placed a buy order at market price but it was not immediately executed. Can anyone explain why?



Posted: 11/6/2017 5:49:26 PM
MrFloppy
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Threads: 89, Posts: 562
#1

I placed a buy order at market price but it was not immediately executed. Can anyone explain why?

ankit06rout: 11/6/2017 5:49:26 PM

 Because you did not look at the order books to see if there were any order available at the price you specified. 

The "market price" is nothing more then the price of the last trade that occurred.  If you want to immediately execute a trade then you must match to the price of an existing open order you see in the orderbooks.

If your attempting to trade on a device with a small screen this will probably mean you need to scroll the page down so you can see the orderbooks.

 



Posted: 11/6/2017 6:09:39 PM Edited: 11/6/2017 6:11:24 PM