StocksAsk Size Covered Price to Earnings Ratio (p/e) Pro Forma Earnings Special Terms Insider Ownership
Market On Close Order
A market on close order is a strategy used by institutions to purchase or sell a large number of shares at the market price when the market closes. This method is often utilized when a stock is being added or removed from an index, and the institution needs to make adjustments to an index fund. Additionally, day traders may use this order to close a position at the end of the session, regardless of the price. It can also be used as a way to exit a position on the same day without interrupting a stock's positive momentum. However, there is a risk involved as the stock may reach a desirable selling price, only to drop right before the market closes.
Related terms
Understand the meaning and definition of Ask Size in the context of stock market, trading, and investments.
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MOREUnderstand the meaning and definition of Price to Earnings Ratio (p/e) in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Pro Forma Earnings in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Special Terms in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Insider Ownership in the context of stock market, trading, and investments.
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